Accountancy charges

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Rakesh Sharma (Querist)
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28 May 2013 In which income head I have to show Accountancy charges recd. & which ITR form I have to use to show this income along with salary & saving intt.

Thanks experts

Ganeshbabu K

Ganeshbabu K (Expert)
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28 May 2013 salary

and interest income so you can use ITR1

Rakesh Sharma

Rakesh Sharma (Querist)
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28 May 2013 where i show in return

Ganeshbabu K

Ganeshbabu K (Expert)
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28 May 2013 INTEREST UNDER INCOME FROM OTHER SOURCES AND SALARY UNDER INCOME FROM SALARY

Rakesh Sharma

Rakesh Sharma (Querist)
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28 May 2013 Sir, I talk about accountancy charges

Ganeshbabu K

Ganeshbabu K (Expert)
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28 May 2013 IF YOU HAVE RECEIVED ACCOUNTANCY CHARGES AS SALARY AND FORM 16 RECEIVED SHOW IN SALARY AND SHOW TDS DETAIL.

have you received form 16 from employer

Rakesh Sharma

Rakesh Sharma (Querist)
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28 May 2013 In balance sheet we show accountancy charges & salary separately & I have recd. accountancy charges in lieu of part time working.

Ganeshbabu K

Ganeshbabu K (Expert)
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28 May 2013 FILE ITR4

HOW MUCH AMOUNT YOU HAVE RECEIVED AS ACCOUNTANCY CHARGES SHOW IN PROFIT UNDER BUSINESS,

YOU CAN ALSO SHOW IT AS OTHER INCOME IN ITR1 IF NO TDS DEDUCTED ON ACCOUNTANCY CHARGES

Rakesh Sharma

Rakesh Sharma (Querist)
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28 May 2013 4000 per month x 12 = 48000

Ganeshbabu K

Ganeshbabu K (Expert)
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28 May 2013 YOU CAN CLUB IT AS INCOME FROM OTHER SOURCES IN ITR1

IT WILL BE OK,

Rakesh Sharma

Rakesh Sharma (Querist)
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28 May 2013 thank you sir

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