Dear Sir,
One who received salary 200000 per year. And also doing small contract works also. He received TDS under 94 C for Rs.9000 in 22-23
Please confirm which ITR form can he use ITR -1 Or ITR -4
18 Replies
CA. Sourav Sarkar
(Chartered Accountant )
(24583 Points)
Replied 31 July 2023
Whether the contractual works is in business nature??
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 31 July 2023
You can file through ITR 1 or ITR 4...
If ITR 1 then show the contract income in IFOS...
If ITR 4 then show the contract income in PGBP as presumptive Taxation Scheme...
If ITR 1 then show the contract income in IFOS...
If ITR 4 then show the contract income in PGBP as presumptive Taxation Scheme...
ca1419$
(CA Article)
(37 Points)
Replied 31 July 2023
Sir He is doing job and also contract works. there is not tds on salaries. but he have TDS under sec 94 C
CA. Sourav Sarkar
(Chartered Accountant )
(24583 Points)
Replied 31 July 2023
If tds has been deducted under 194C along with section 192, then file ITR 3 as for TDS u/s 194C ITR 3 should be filed
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 31 July 2023
Why ITR 3...???
@ ca1419$.,
You can file as per my above reply...
Before think about presumptive rule...
@ ca1419$.,
You can file as per my above reply...
Before think about presumptive rule...
CA. Sourav Sarkar
(Chartered Accountant )
(24583 Points)
Replied 31 July 2023
For 194C ITR 3 should be filed
S.No If TDS is deducted under section Type ITR form to be used for filing of Return
1 192 ITR1
2 192A ITR1
3 194A ITR1
4 194B, 194BB ITR2
5 194C ITR3
6 194D ITR3
7 194H ITR3
8 194I ITR3 (if TDS rate 2%) ITR1 (if TDS rate 10%-considering that tax payer has only one home which he letout)
9 194J ITR3
S.No If TDS is deducted under section Type ITR form to be used for filing of Return
1 192 ITR1
2 192A ITR1
3 194A ITR1
4 194B, 194BB ITR2
5 194C ITR3
6 194D ITR3
7 194H ITR3
8 194I ITR3 (if TDS rate 2%) ITR1 (if TDS rate 10%-considering that tax payer has only one home which he letout)
9 194J ITR3
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 31 July 2023
Very Good and Knowledge...
But, as per my small experience, the serial number 7 only must through ITR 3.
and
as per query it's as below
You can file through ITR 1 or ITR 4...
If ITR 1 then show the contract income in IFOS...
If ITR 4 then show the contract income in PGBP as presumptive Taxation Scheme...
But, as per my small experience, the serial number 7 only must through ITR 3.
and
as per query it's as below
You can file through ITR 1 or ITR 4...
If ITR 1 then show the contract income in IFOS...
If ITR 4 then show the contract income in PGBP as presumptive Taxation Scheme...
CA. Sourav Sarkar
(Chartered Accountant )
(24583 Points)
Replied 02 August 2023
Section 194C is for contractual works for that ITR 3 or ITR 4S is applicable
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 02 August 2023
ITR 4S...???
IS THERE ITR 4S AVAILABLE...???!
IS THERE ITR 4S AVAILABLE...???!
CA. Sourav Sarkar
(Chartered Accountant )
(24583 Points)
Replied 02 August 2023
Sorry not ITR 4S, ITR 4 can also be filed
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 02 August 2023
Keep it Up Dear...
You are going good...
God Bless You...
You are going good...
God Bless You...
Recent Topics
- GST on consultancy
- Linking adhaar to UAN without employer
- WHETHER ITC REVERSAL TH. GSTR 3B OR DRC03
- Advance Tax For Freelancers
- Is fvu 8.8 version available ?
- Interest and penalty on advance tax shortfall
- Joint Account with 3 legal heirs.......
- TCS adjustment
- GST audit and scrutiny
- GSTR9 Table 8 - 8A and 8B difference is 4D(1). in
Related Threads
CAclubindia
