17 January 2013
Sir JCB machine is given on hire to a company & which deduct TDS U/s 194I on receipt of 600000/- & another company deduct U/s 194C on receipt of 150000/- (1).which ITR form shall i fill? (2).under which head income is taxable? (3) whether i show proposed taxable income U/s 44AE?. or what to do plz suggest immediately.
17 January 2013
As the JCB is given on rent and TDS deducted u/S 194I which regulated TDS on rent, u can file ITR-I if it is only source of income since it comes under Income from other sources.
ITR-2, If you have salary and 1 house property income apart from this.
ITR-4, if you have any other business income apart from this.