Which ITR for a contract basis employee ?

Since there is no employer-employee relationship and TDS is deducted u/s 194J, I think ITR-4 will be applicable.

But wait for others to reply.

Yes ITR-4 is applicable ...but if u find ur income shows high value & u have to pay more tax...then go for "Presumptive Taxation Scheme" u/s 44AD and file return with ITR-4S (Provided u have to fullfill condition lying u/s 44AD) otherwise u can go with ITR-4.

@ supriyo.. @ Mihir...but he is actually an employee on contract basis.. he is not exactly a professionaI to be eligible for ITR 4..and he has income below taxable limit...

Use this software

Agree to Abhilash

If he is an employee, then the company should deduct TDS u/s 92B and not u/s 194J. 

Thanks Mr. Jainam, thats a cool application. 

but shall we show it under income from other sources in ITR 1.. since already he has income below the taxable limit..and in ITR 1 also there are feilds to give TDS as per form 16A...

@ swapnil.. please make it clear to what u agree??? i didnt get u

Even though it is under taxable limit,if TDS is deducted under 194J it means professional services are rendered which is under business and profession income.Such income cannot be shown in ITR-1 as income from other sources.

Yes.ITR-4 is the right option for TDS deducted under 194J

If Income below taxable - 194D-insurance commission from ICICI Prudential , which ITR is applicable?

( Insurance Commission Rs.167299  & TDS deducted Rs.16740 )

Originally posted by : Jainam Shah
	Use this software

Jainam dont get too dependent upon this software, for the AY 13-14 if a Salaried Person is getting exempt allowances of more than Rs 5000, he needs to file ITR 2 but not ITR 1. Software ignores the same.