Regarding sec 192a
PARVEEN DAHIYA (181 Points)
30 December 2018
TDS DEDUCTED UNDER SEC 192 A. THIS INCOME TAXABLE UNDER WHICH HEAD???
PARVEEN DAHIYA (181 Points)
30 December 2018
S ELAVARASI
(ACCOUNTANT)
(2975 Points)
Replied 30 December 2018
Sachin C
(Tax Consultant)
(107 Points)
Replied 30 December 2018
Technically it is Taxable under the Head Salary, but as per the Income Tax Forms released by the Department, we do not get Form 16 for this and we have compulsorily classify this income under other Sources and offer the TDS under the Non-Salary Section of TDS sheet in the IT returns.
Thank You,
Sachin C
Kishan Kashyap
(Student)
(79 Points)
Replied 31 December 2018
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
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