how to deal the salaried employee, doing professional servi
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
16 July 2015
One of my friend is a salaried employee doing software engineer job. The problem is for the FY he received salaried income and also he rendered software professional services on his own behalf to a foreign client and he received payments in US $ directly credited to his account. He is telling that they were not deducted any TDS. How deal the above issue when filing the income tax retutrn.If any body has the format of P&L A/C nd B/S of professional ,can u please send me. It is urgently required friends.Give me your views
16 July 2015
File ITR 4. Show US receipts as professional receipts. Claim any expenses earned for earning this income. That is your P&L. Balance sheet Bank balance on the asset side, liability side Earning surplus that is your capital ac.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Reporting Income under Section 44ADA
- Itr 1 processing
- Building and other construction workers welfare cess act 1996
- ITR 1: Details for showing Exempt Income
- Bank Accounts in Balance Sheet for ITR 3
- ITR validation error - Balance sheet is not filled
- TDS ON CASH WITHDRAWALS...
- Query regarding TDS on EPFO Higher Pension Arrears*
- Bank accounts of Non resident
- ITR Filing Requirement for Partnership Firm Registered but Business Not Commenced
- ITR 3 FILING OF AN INDIVIDUAL (PARTNER IN A PARTNERSHIP fIRM)
- Annual return of gst limit
- Delisted shares sold in off market/ Rebate u/s87A
- Error whiling application of GST REFUND (ANNEXURE B)
- While filing GSTR9 accountant couldn't entered the ITC values in Table 6, in 9C it is not accepting
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
