A person has salary income as well as professional income in u/s 194jb. Can he file ITR1 ? If he shown professional income as other income there will be any problem? He has refund which shown in 26AS u/s 194jb.
ABHIJIT MANNA (ACCOUNTANT) (447 Points)
28 September 2021A person has salary income as well as professional income in u/s 194jb. Can he file ITR1 ? If he shown professional income as other income there will be any problem? He has refund which shown in 26AS u/s 194jb.
Rama chary Rachakonda
(Master in Accounts & Lawyer email ID:ramachary64@gmail.com voice no:9989324294)
(3368 Points)
Replied 28 September 2021
ITR-4 or Sugam
Professional income according to presumptive income scheme under section 44ADA. Income from salary or pension up to Rs.50 lakh.
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