Itr

VINAY SHARMA (ARTICLE ASSISTANT) (108 Points)

22 July 2016

Dear All, please tell where to show sec 194j income in itr4.

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3 Replies

CA Srujann kumar Reddy (Asst Manager(Internal audit)) (1679 Points)
Replied 22 July 2016

prepare a profit and loss account for the profession and disclose the net profit as income

Mukesh Kumar (Accounts Manager) (1466 Points)
Replied 22 July 2016

DEAR SIR

SECTION 194J IS A SECTION IN WHICH SECTION TDS IS DEDUCTIED ,

YOU SHOULD SHOW YOU INOME IN THE HEAD OF ( INCOME FROM BUSINESS AND PROFESSION) IN P&L

THANKS

mohammad rasool baig (Management Consultant) (1026 Points)
Replied 23 July 2016

If we are earning income through professional services then it will be business income & you need to file ITR-4 return.

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