which itr-retainer +salary income

ITR Filing 2311 views 6 replies

Hi everyone...which ITR form should my uncle use..he has retainer fees (professional income ) for part of the year and salary income for the part of the year..plz advice asap...

Replies (6)

ITR IV

 ITR-4

Should the person maintain books for claiming just the travelling allowance as an expenditure? Also I would like to know if he can pay tax u/s 44AD, i.e. 8% of his gross receipts

If the profession is in the list of 'specified profession' then ITR4 or else ITR4S. If ITR4, then books are to be maintained under 44AA.

The assessee is offering the entire income received as retainer fees for the purpose of IT. is it still necessary to maintain the books? Thanks in advance

Fill Itr 4


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