Dear experts

A person having one time professional receipts of Rs.3,00,000 on which tds u/s 194J is deducted i.e. Rs.30,000. He has some expenses in rendering that service amounting Rs.2,50,000.
The net income being Rs.50,000.
He has salary income also of Rs.8,00,000

My query is : can he claim Rs.50,000 as other income and file ITR1
Or
He has to show Rs.50,000 as professional income and file ITR4

Note: Profession is not covered under specified profession.

Please give your valuable feedback.

Thanks
Rachit

I have left india In Nov-2013 to live in UAE.
I got the salary there as i am still Resident in the First year Its taxable.
But TDS Applicable ??
My salary taxable in which section ??

Sir, as per the Union budget 2014-15, the hon'ble finance minister has proposed to the applicability of IND AS, as per the headline is running in the highlights segment of ICAI website, i.e, www.icai.org which says as "ICAI welcomes the announcement for implementation of the Indian Accounting Standards (Ind AS) by Indian companies in the Union Budget 2014-15."

Sir, in this regard i would like to ask that ,
1.)Will the IND AS would be applicable for the final course, in may 2015 examinations? and
2.)Please let me know that whether the institute has adopted these changes in there course for the final course?

REPLY ASAP

SIR, PLEASE GUIDE ME FROM WHERE CAN I GET QUESTIONS ON NET TO SOLVE CASE LAWS IN THE SUBJECT MENTIONED. PLEASE PROVIDE ME WITH LINK THAT CAN TAKE ME TO THE CASE STUDIES OF CORPORTAE & ALLIED LAWS CHAPTERWISE

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hi,
i am in job with a company A from 1 april to 30 july,2014 & got salary 2,02,008 with tds of 10,000 rs.in city z,they show HRA in salary slips,i claimed every year.but i didn,t got form 16,i come to know from 26 as all detail
then i left that company,remain unemployed from 1 august to 30 nov.
I joined company B in december in city x,i got total 2,97,580 with nil tds,they didn,t show hra in form 16 nor in salary slip,but i have paid rent from december to march 2014.
now how i claim hra deductions for both different cities or for rent paid for same financial year.how i calculate tax.plz help.

hi,
i am in job with a company A from 1 april to 30 july,2014 & got salary 2,02,008 with tds of 10,000 rs.in city z,they show HRA in salary slips,i claimed every year.but i didn,t got form 16,i come to know from 26 as all detail
then i left that company,remain unemployed from 1 august to 30 nov.
I joined company B in december in city x,i got total 2,97,580 with nil tds,they didn,t show hra in form 16 nor in salary slip,but i have paid rent from december to march 2014.
now how i claim hra deductions for both different cities or for rent paid for same financial year.how i calculate tax.plz help.

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