My mother (after her retirement) is working as an Administrator in a school trust.
She is paid a fixed sum of Rs. 15000 (this is not broken down into anything like Basic DA etc) each month by cheque from Apr 2010 to Mar 2011.
She has pension income which comes in her bank account.
She has few FDs from which she earns some interest.
She also has Mutual Funds with Dividend option invested in her name.
Which ITR form should she file now for the period mentioned above (2010-2011)?
Best regards,
Ips
if there is "employee/emplooyer relation between school trust and her" then 15000 would be counted as salary, and ITR -1 ( sahaj)
if there is no employer/employee relation between school trust and her, then it would count the income as professional income, and ITR-4 will be filed.
yes U S Sharma's answer is correct
"employee/emplooyer relation between school trust and her" then 15000 would be counted as salary, and ITR -1 ( sahaj)"
Dear Sharma ji,
How do we define/ identify whether this relationship exists or not?
Best regards!
if she is on master/ attendence roll of school / trust, and employees benefits as PF/ ESI/PT is deducted from her payout, then she is emplyed there, otherwise school is enjoying her services in professional capacity, ( check her payment voucher received for details)
I think she is just paid a lumpsum amount of Rs. 15000 and the other benefits like PF, ESI, PT are not included. So according to you she should fill ITR4?
Regards!
| Originally posted by : Ypschita | ||
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I think she is just paid a lumpsum amount of Rs. 15000 and the other benefits like PF, ESI, PT are not included. So according to you she should fill ITR4? Regards! |
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Tax departments does not accept "think", you have to ask her for her service terms, or contract for this payment, and then only go for incometax return.
| Originally posted by : U S Sharma | ||
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if there is "employee/emplooyer relation between school trust and her" then 15000 would be counted as salary, and ITR -1 ( sahaj) if there is no employer/employee relation between school trust and her, then it would count the income as professional income, and ITR-4 will be filed. |
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AGRRED.
my client is working as an employee in a trust which is NGO.. apart from drawing a salary from the trust, he is getting some amont from consultancy services from from another entity... which ITR Form to be used.
CAclubindia
