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adjustment of 194h income with salary

27 August 2019

I have salary income 8 lakh received form 16 and TDs as per 26as . but I also receive 194h 37850 paid amount and TDs is 1893. so pleaSe tell me treatment of this 194h .

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7 Replies

Thooya (Accountant) (170 Points)
Replied 27 August 2019

section 194H is for commission receipts, you need to add 37850 with your salary income for which 5% TDS have been deducted i.e 1893

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lucky sharma (212 Points)
Replied 27 August 2019

ok if I add this amount in salary income so in my computax software pop msg shown ( u receive tds non salary income so adjust in p&l a/c .)

Thooya (Accountant) (170 Points)
Replied 27 August 2019

if so u cannot file it in itr 1

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CA Manish Jathliya (Professional) (401 Points)
Replied 27 August 2019

Shown it as Income from Other Source and file ITR 1 or Else you can Show income u/s 44AD as Business & Profession income and file ITR-4.

CA Manish Jathliya (Professional) (401 Points)
Replied 27 August 2019

Shown it as Income from Other Source and file ITR 1 or Else you can Show income u/s 44AD as Business & Profession income and file ITR-4.

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lucky sharma (212 Points)
Replied 27 August 2019

so CA sir I want to feed this in income from other source . I don't want to show in 44AD because I received salary in compare this one. chance so received notice from cpc in future . because previous year same problem faced but return is processed.