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Readers' Corner: Taxation

There should not be any problem so long as as you are using the correct applicable form

Kuldip Kumar 

I am salaried and also do some freelance work on the side. In assessment year (AY) 2016 I filed returns income tax under presumptive taxation scheme (PTS). In AY 2017 my chartered accountant told me that it was incorrect to file it under as my income was high from freelance work. He said thatI would be classified as a professional as I have also done my graduation and post-graduation in that vocation. He filed my returns as a professional. But in the financial year 2017, I only have salaried income. Should I be filing my tax returns using ITR 1 now? Is it a problem that I have changed ...

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First Published: Wed, May 31 2017. 23:43 IST
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