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Which itr and what documents required

Ankit chaturvedi (CA in Practice) (241 Points)

17 March 2020

my client wife is basically a housewife but he wants his income tax file and so want to file return. I want to show his income from tuition as he is qualified mcom? which itr should I select and what documents I will take from him for filing itr?

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6 Replies

Meenakshi Gandhi (83 Points)
Replied 18 March 2020

Either you can go for ITR -4 by showing turion income as income from business & profession or you can file ITR-1 disclosing tution income in other sources.

In my opinion ITR-1 is better option

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RAJA P M ("Do the Right Thing...!!!") (127177 Points)
Replied 18 March 2020

Yes... I agreed to Mrs Meenakshi Gandhi...

@ Ankit Chaturvedi.,

Better to consider with Your colleagues...

1 Like

Ankit chaturvedi (CA in Practice) (241 Points)
Replied 18 March 2020

Can I show income from stiching work instead of tuition income and file itr foe the same?

RAJA P M ("Do the Right Thing...!!!") (127177 Points)
Replied 18 March 2020

As per my view.,

if you will show the income as IFOS then You can file ITR 1...

In case will treat as Business (service) then file ITR 4 (presumptive taxation scheme).

1 Like

Ankit chaturvedi (CA in Practice) (241 Points)
Replied 18 March 2020

Is there any disadvantage of Filing itr 4? actually she is a housewife just want to file return and just want to show some income.. so what is better? and which documents I should taken?

RAJA P M ("Do the Right Thing...!!!") (127177 Points)
Replied 18 March 2020

Originally posted by : Ankit chaturvedi
	Is there any disadvantage of Filing itr 4? actually she is a housewife just want to file return and just want to show some income.. so what is better? and which documents I should taken?