i havent filed ITR in any previous years as my income has always been below the exemption limit but this time i want to file it as someone told me that even if you dont pay any tax it is good to file returns.
In the last year i made around 2-2.3L income (all by cash, from some private tuition and other stuffs.) + around 4k as interest from savings accounts.
So can anyone tell me which ITR form i should file? ITR-1 or ITR-4s? And where should i show this income? salary income or income from other sources? on researching online i am getting mixed responses. someone says ITR-1 and someone ITR-4. And some people say to show this income as salary or business and some say show it as "income from other source".
Please suggest. I want it to be as simple as possible.
I am trying to fill ITR myself by logging into IT-dept website and using their "quick fill ITR links". it gives option to fill ITR-1 and ITR-4s.
In the last year i made around 2-2.3L income (all by cash, from some private tuition and other stuffs.) + around 4k as interest from savings accounts.
So can anyone tell me which ITR form i should file? ITR-1 or ITR-4s? And where should i show this income? salary income or income from other sources? on researching online i am getting mixed responses. someone says ITR-1 and someone ITR-4. And some people say to show this income as salary or business and some say show it as "income from other source".
Please suggest. I want it to be as simple as possible.
I am trying to fill ITR myself by logging into IT-dept website and using their "quick fill ITR links". it gives option to fill ITR-1 and ITR-4s.
