SELVAN.K (PROFESSION) (133 Points)
24 July 2009When i filling ITR 3 i have one doubt on claiming TDS deduction on Managerial remuneration in which place ? whether TDS deducted on Salary or Income ? because as per Income tax act, we are showing managerial remuneration income in Income from other sources. Pls suggest whether the tds claim should claim in TDS deducted on salary or income place?
ca tarun sharma
(SERVICE)
(277 Points)
Replied 24 July 2009
if the person is not employee of co then income will be taxable u/h other income. in such case co issue tds certificate in form 16a hence it should be shown & claimed under other income head
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
CAclubindia
