Incometax return
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
13 August 2015
Dear Sir
One of my client is doing HR works on contract basis. The company is deducting tax @ 1% and provided TDS certificate.
My Query is in Which ITR the return have to be filed. Income is less than 200000/-;
If 4S what will be the nature of business??
One of my client is doing HR works on contract basis. The company is deducting tax @ 1% and provided TDS certificate.
My Query is in Which ITR the return have to be filed. Income is less than 200000/-;
If 4S what will be the nature of business??
13 August 2015
File itr 4 in this case
14 August 2015
File ITR-2 as show this as Other source income.
Querist : Anonymous
Querist :
Anonymous
(Querist)
17 August 2015
If return filed under ITR2 is there any difficulty in getting Refund..
He is having only such income.
He is having only such income.
23 August 2015
Income from HR Consultancy is taxable under the head Profit and Gains of business or profession and therefore ITR4 needs to be filed. Showing it as Income from Other sources will not be correct, technically.
25 August 2015
Agreed but for ITR-4 you need to give all the details, looking at the figures income 2 Lacs, You can file ITR-2.
Moreover, The work you mentioned as contract basis which is not your permananet business, hence I asked you to file ITR-2.
Pls note, whichever ITR you will file, getting refund i not a problem.
Regards
CA Ayush Agrawal
Moreover, The work you mentioned as contract basis which is not your permananet business, hence I asked you to file ITR-2.
Pls note, whichever ITR you will file, getting refund i not a problem.
Regards
CA Ayush Agrawal
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- TDS U/S. 194NF
- ITC temporary reversal and reclaim
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- Applicable TDS rate for sale of property in Nov 2024
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Credit profit and loss account in case of bonus share received
- How to determine cost of acquisition of shares on De-merger or Merger
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
Trending Online Classes
CAclubindia
