Sir if a person is a salaried person and has earned some amount say Rs 25,000.00 by way of giving training at some other organisation / training institute and that institute has deducted say Rs. 2,500.00 ( @ 10%) as TDS and it is showing as 'TDS u/s 194J' in 26AS then in ITR2 (as main source of income is salary) at which place / head this income is to be shown. As I think it is to be treated as "Income From Other Source". ITR2 since some income from CG also. Please help.
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Income from training consultant
Replies (8)
As I think it is to be treated as "Income From Other Source".
Yes, you can show it under IFOS.
Thanks. But my question is whether it must be shown at Schedule OS: 1 b: Interest, Gross? or at any other place in ITR2.
Also since main source of income is salary and consultancy income is just a small amount so I think ITR2 in place of ITR4 will be filled. Please clarify if ITR2 is sufficient.
1. At 'others' column......... with detais in next column .......
2. If its occasional, it can be justified under 'IFOS'
Sir you mean to say in tab "Other Source" at 1d "Others, Gross (mention the nature) > 4 "Others" with details of company.
Yes, correct.......
Thanks Sir. Very nicely clarified.
Most Welcome, Dear .....
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