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Which ITR applicable and where to show income

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Noor Ahmed Khan

89 Points Posted on 03 March 2020

My friend working for a pesticide dealer @ 20,000 pm + performance based incentives without fixed working hours, PF, NPS, hra etc.
While filling ITR which form is applied to him.. How to show income
Please suggest

Replies (3)

Quick Summary

This discussion clarifies which Income Tax Return (ITR) form is appropriate for individuals earning a fixed salary plus performance-based incentives, like a pesticide dealer's employee. If the payment is considered salary, ITR-1 is generally applicable. The advice also details how to correctly report salary income, including gross salary, perquisites, and deductions, within the ITR-1 filing process.

Kapadia Pravin

10683 Points Posted on 03 March 2020

If dealer pays to you as salary then ITR1.
Otherwise ITR3

Eswar Reddy S

CFO- at NHTF

15022 Points Posted on 03 March 2020

It's ITR-1 if there is no other income.

Naga Upendra

110 Points Posted on 04 March 2020

Here your friend receiving salary then ITR-1 need to file

while filling you need to segrigate salary income in following way
Gross Salary (ia + ib + ic)
i SALARY / PENSION
a Salary as per section 17(1) ia
b Value of perquisites as per section 17(2) ib
c Profit in lieu of salary as per section 17(3) ic
ii Less allowances to the extent exempt u/s 10 (drop down to be provided in e-filing utility) ii
iii Net Salary (i – ii) iii
iv Deductions u/s 16 (iva + ivb + ivc) iv
a Standard deduction u/s 16(ia) iva
b Entertainment allowance u/s 16(ii) ivb
c Professional tax u/s 16(iii) ivc
v Income chargeable under the head ‘Salaries’ (iii – iv) B1
B2 Tick applicable option  Self Occupied  Let Out  Deem