A person having Salary income < 50 Lakhs and having won some amount in online quiz contest on which TDS is deducted u/s 194J @ 10% .
Which ITR form should he file ?
ITR-2 and why have they deducted u/s 194J for prize money!
2 Replies
CA Puja Sharma
(Chartered Accountant)
(5010 Points)
Replied 06 July 2022
ITR 2 will apply in your case.
Further, you can report the quiz contest prize under the head of other sources.
Recent Topics
- INCOME TAX AY 25-26
- Experienced CA firm for accounting & auditing
- Regarding Perquisite Tax on ESOP - Unlisted Compan
- Casual Taxable Person under GST
- Extended Date of GSTR-1 for the month of July 2020
- NRO Interest - Taxed at source and in Foreign Coun
- Clarity needed on effective date
- Income Tax Refund Deadline Shortened to Five Years
- Rectification Applications for Past GST Demands
- GST Invoices Series
Related Threads
CAclubindia
