Corresponding income offered
This query is : Resolved
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
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
09 July 2019
Offer the income under business head
09 July 2019
It means Sir , TDS detail can be fill in ITR by giving NIL Turnover
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
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TDS Challan - change of FY 2025-26 to TY 2026-27
- Price inclusive or exclusive of GST while made entry in P& L Account
- Gst registered proprietorship firm
- AUDITOR APPOINTMENT FOR THE YEAR ENDING MARCH 27
- Minimum tax payable to file Updated return
- Change Of Karta In Case of Death
- TDS on Fixed Assets purchased
- SALARY CAN BE CAPITALIZE
- Non filing of I T Returns
- GST Intimation due to Government took possession of Business Premises under PPE Act
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Starting trading business
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
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
