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schedule IV

THE FOURTH SCHEDULE PART A Recognised provident funds a [See sections 2 (38), 10 (12), 10 (25), 36 (1)(iv), * 87 (1)(d), 111 , 192 (4)] Application of Part. 1. This Part shall not apply to any provident fund to which the Provident Funds Act, 1925 (19 of 1925), applies. Definitions. 2. In this Part, unless the context otherwise requires,— ( a ) "employer" means any person who maintains a provident fund for the benefit of his or its employees, being— ( i ) a Hindu undivided family, company, firm or other association of persons, or ( ii ) an individual engaged in a business or profession the profits and gains whereof are assessable to income-tax under the head "Profits and gains of business or profession" ; ( b ) "employee" means an employee participating in a provident fund, but does not include a personal or domestic servant; ( c ) "contribution" means any sum credited by or on behalf of any employee out of his salary, or ...

Which ITR to file?

  ITR 1                                                                        1.Only for Individual or HUF 2. Should be Resident (Only Ordinary resident) 3. Total Income upto 50 Lakh 4. Income-  a. Salaries Income                    b. Income from One House Property                    c. Income from Other Sources (Interest etc.)                    d. Agricultural Income upto Rs.5000 only The followings are Not Eligible:-    A. This Return Form should not be used by an individual who  (a) is a Director in a company;  (b) has held any unlisted equity shares at any time during the previous year;  (c) has any asset (includi...