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Which ITR should I use

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Vijay

Jr. GC

25 Points Posted on 13 June 2020

Hi,

I am working in private company where I will be getting regular salary. In weekends I used to work as a freelancer, they used to pay me after deducting 10% tax, My total income is below taxable. Do I need to use ITR 1 form?? In ITR 1 form Do i need to add my freelance income in other income tab or I need to consolidate and add the entire income?

Any suggestions would be highly appreciated.

Thanks,

Vijay Kumar

Replies (3)

Quick Summary

This discussion addresses the confusion around selecting the correct Income Tax Return (ITR) form for individuals with both regular salary income and freelance earnings. While ITR 1 is often considered for simple salary cases, the presence of freelance income might necessitate a different form like ITR 3 or ITR 4, depending on the specifics. It's crucial to correctly declare all income sources to avoid potential scrutiny from tax authorities.

Padmanabhan

Student

553 Points Posted on 14 June 2020

Use ITR 3.
For further clarification inbox me.

David

article Assistant

470 Points Posted on 21 June 2020

Itr 4 is simpler for you

Reshma Manavi

Tax Advisor

38 Points Posted on 09 July 2020

Dear All,

I have been receiving this question from many of clients that which option should they select while fill declaration form whether old regime or new regime? If any one selects old regime is fine but please don't take wrong claims as there is illogical claim/or substantail difference between ITR form filed by taxpayer and form 16, computer will not process and case may be transferred to jurisdictional assessing officer for manual scrutiny process. So if any one has claimed false deduction or shown low income beyond reasonable limit intentionally to claim high refund should file revised return immediately.. Or else you may face further complications. Thanks.

SA Tax Savers

8522857008,

Hyderabad.