I am working as part time accountant in different firms. In which income head I should file my itr? Under salary Income or as business or profession head by opting 44 ADA? None of my employee not deduct tds , So when i choose to file under salary income is there will issue of any IT notice ?
4 Replies
Jatin
(Accountant)
(3479 Points)
Replied 07 July 2018
You can file ITR 3 as Income from PGBP
Income from part time accounting treat professional income
Income from part time accounting treat professional income
nitin
(student)
(79 Points)
Replied 08 July 2018
agree with Jatin, go for ITR 3 showing income from profession..... select business code 16002 and opt for presumptive taxation u/s 44ADA.... hope this helps you out.
RAJA P M
("Do the Right Thing...!!!")
(128101 Points)
Replied 08 July 2018
Yes... I agreed to above said replies...
@ Mr. R. Sharma.,
Better to file Your income as Professional income. Also you can use the above said code and Sec...
@ Mr. R. Sharma.,
Better to file Your income as Professional income. Also you can use the above said code and Sec...
vijaykanth bhattad
(CA)
(89 Points)
Replied 20 August 2020
What about if you have income from tds and gst returns filing and other miscellaneous audit assignments
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