Salary and professional fees

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

06 March 2014
Mr x has work on salary for 6 month and after that he works in same company as a professional fees and TDS has been deducted at 10% on professional fees.

My query is that can mr x can show income from salary as well as income from professional fees from same company????

CA Neha Chauhan

CA Neha Chauhan (Expert)
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06 March 2014 of course as the nature of receipt from the company is different and in return only in salary case you have to mention from whom you received the same. In case of professional there is no such criteria you can claim expenditure incurred to earn income and so the net income, fill the return and file.

Regards,
Neha Chauhan