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.
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