Chartered Accountant
3847 Points
Joined May 2007
Dear Mr. Prakrut !
SAHAJ- ITR-1 Return Form is to be used by an individual whose total income for the assessment year 2012-13 includes:-
(a) Income from Salary/ Pension; or
(b) Income from One House Property (excluding cases where loss is
brought forward from previous years); or
(c) Income from Other Sources (excluding Winning from Lottery and
Income from Race Horses).
2. Assuming that the dealer is doing ‘Commission’ business, ITR-4 is the appropriate form to file the return of income