Where do i show Professional income in Efiling ? Can we avail standard duduction ?
Where do i show Professional income in Efiling ? Can we avail standard duduction ?
UNDER head income from profession or business you can not avail standard deduction of 40000 from business income, available for salary income
Income U/s 194J , where to show in while efiling ?
Income U/s 194 J , where do i show in Income Tax Return.
You must fill ITR 4 under section 44ADA for professional income, Standard Deduction is only allowed for a salaried employee.
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