EXPENDITURE AGST. TDS U/S 194JB
This query is : Resolved
Quick Summary
25 July 2025
My client is a salaried employee of an IT company in Bangalore.
He did some moonlighting work for another company and received payment of Rs 3,50,000 during the FY 2024-25. They deducted TDS u/s 194JB. Can I claim some Expenditure against this income ?
He did some moonlighting work for another company and received payment of Rs 3,50,000 during the FY 2024-25. They deducted TDS u/s 194JB. Can I claim some Expenditure against this income ?
25 July 2025
Yes.
Otherwise you can declare the income u/s. 44ADA IT act.
Otherwise you can declare the income u/s. 44ADA IT act.
Message likes :
1 times
26 July 2025
Thank you vary much.. Sir..!!!
Message likes :
1 times
26 July 2025
You are welcome.
25 September 2025
Good luck...
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