Save Rs 588 on a 2-Year Ad-Free CAclubindia Pro Membership. Subscribe Now!

Which ITR to choose

663 views

Save Share

Join Us Follow Us Add as Source

Kv

Manager

64 Points Posted on 08 June 2025

Dear Respected Sirs/madam,

I have income from NCD's , fixed deposits, Bank savings interest, Capital gains from MF (less than 1.25 Lakh)

I also take tutions at home which I used to report under "SCHEDULE OS INCOME FROM OTHER SOURCES --> Any other income (please specify nature)" section earlier in the ITR.

This year while filing the return I get option to choose ITR 1 and ITR 4.

Based on above information please suggest which ITR to choose.

thanks for your help

Replies (3)

Quick Summary

This discussion helps individuals determine the correct Income Tax Return (ITR) form to use. The user has income from NCDs, fixed deposits, savings interest, mutual fund capital gains, and home tuition. They are unsure whether to file using ITR 1 or ITR 4, seeking guidance on the appropriate selection based on their diverse income sources.