Subject Date & Time Number of reply Status Is itr-4s applicable for those who has income from coachi

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  1. Neha Agarwal

    Neha Agarwal Member

    I am a little bit confused when I go through the definition of ITR-4S applicability here mentioned that Its is applicable on "Professionals – who are carrying on profession of legal, medical, engineering, architectural, accountancy, technical consultancy, interior decoration, an authorized representative, film artist, company secretary and information technology. Authorized representative means – any person, who represents someone, for a fee or remuneration, before any Tribunal or authority under law. Film Artist includes a producer, actor, cameraman, director, music director, art director, dance director, editor, singer, lyricist, story writer, screenplay writer, dialogue writer, dress designer – basically any person who is involved in his professional capacity in the production of a film". An assessee who runs a coaching institute & another assessee who has income from school, Can both of them file their return in ITR-4S or not becoz in above definition it is not mentioned....
     
  2. sai tejesh(ca.final)

    sai tejesh(ca.final) Active Member

    ITR 4S is not applicable to professionals as notified by CBDT in the official gazette.
    For them ITR 4 is applicable.
     
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