Which itr form should i use ?

ITR 536 views 7 replies
User Avatar

pro badge

Accountant
102 Points Joined September 2015

Dear All,

 

My sister have Rs.240000/- salary income from a business firm and also she earned Rs.75000/- from home tuition in the financial year 2016-17 .Home tuition is not her regular income. My doubt is which ITR form should I use for filing my sister's income tax return? and in which income head tuition income should be shown ?

0 Reply Share Follow
On 04 May 2017 at 21:53 Report
Replies (7)
User Avatar

AUDIT ACCOUNTS & TAX ASSISTANT
96 Points Joined August 2009
Itr 1
take 75k under other source of income head
1 Reply
On 04 May 2017 at 22:26
User Avatar

Practising Advocate
687 Points Joined October 2012
Yup ; Go with ITR 1 with the treatment mentioned by Abhishek
1 Reply
On 04 May 2017 at 22:51
User Avatar

pro badge

Accountant
102 Points Joined September 2015
Can I use ITR 4 for filing income tax return?
Reply
On 04 May 2017 at 23:05
User Avatar

Practising Advocate
687 Points Joined October 2012
ITR 4 is for Business and profession and in your case it's an Salary with an Additional tution income which cab be shown under other sources.
From the given situation it should be ITR 1 , not sure if any other clauses are there in this.If so highlight it clearly
Reply
On 04 May 2017 at 23:24
User Avatar

Chartered Accountant
86505 Points Joined April 2011
Clear out first Business firm is partnership or sole propreitor
Reply
On 05 May 2017 at 00:17
User Avatar

pro badge

Accountant
102 Points Joined September 2015
It is not a business
Reply
On 05 May 2017 at 00:23
User Avatar

Chartered Accountant
86505 Points Joined April 2011
Jaha se apki sister salary earn kar rhi hai wo partnership firm hai ya sole propreitor.
Reply
On 05 May 2017 at 00:43


CCI Pro

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Threads

More recent discussions | Post

Related Threads
Loading