194JB
Khan & Associates (73 Points)
14 September 2021so can I show this income in Income from other sources and File ITR ?
please suggest
Thanks in Advance.
Khan & Associates (73 Points)
14 September 2021
Rama chary Rachakonda
(Master in Accounts & Lawyer email ID:ramachary64@gmail.com voice no:9989324294)
(5265 Points)
Replied 14 September 2021
Yes. You can show in returns. Any person making specified payments mentioned under the Income Tax Act are required to deduct TDS at the time of making such specified payment. But no TDS has to deducted if the person making the payment is an individual or HUF whose books are not required to be audited.
veerendar singh
(tax consultant)
(3301 Points)
Replied 14 September 2021