Corresponding income offered

This query is : Resolved

RONI (Querist)
Follow

09 July 2019 Sir, I have nil Turnover in GST of a contractor. .So , In income tax also , there is NIL turnover.
Sir , I am filing ITR for this.But Sir, In 26AS , there is amount received from contractee , in which TDS deducted u/s 194C
I want to know , under which income head , TDS u/s 194C , to report under corresponding Income offered in ITR .Since , I have NIL business turnover and so Sir where to report

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
Follow

09 July 2019 Offer the income under business head

RONI

RONI (Querist)
Follow

09 July 2019 It means Sir , TDS detail can be fill in ITR by giving NIL Turnover

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
Follow

10 July 2019 Fill ITR with turnover and TDS as per 26AS. Declare 8% profit on turnover under section 44AD. File ITR 4.

Message likes : 1 times

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

rana andcompany

MAYUR

Tanuj Kumar Sharma

Aravind S

UPENDRAN YADAV

Subscribe Now

Corresponding income offered

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

Manager- Finance and Compliance

GST CONSULTANT

GST CONSULTANCY

Accountant

CA Final

Article Assistant

Associate CA