how to deal the salaried employee, doing professional servi

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

16 July 2015 One of my friend is a salaried employee doing software engineer job. The problem is for the FY he received salaried income and also he rendered software professional services on his own behalf to a foreign client and he received payments in US $ directly credited to his account. He is telling that they were not deducted any TDS. How deal the above issue when filing the income tax retutrn.If any body has the format of P&L A/C nd B/S of professional ,can u please send me. It is urgently required friends.Give me your views

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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16 July 2015 File ITR 4. Show US receipts as professional receipts. Claim any expenses earned for earning this income. That is your P&L. Balance sheet Bank balance on the asset side, liability side Earning surplus that is your capital ac.