Filing of IT Return
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
23 May 2011
I am a qualified CA and joined a CA firms who pay me as a consultancy charges after deducting 10% TDS. My query is till last year i was receiving stipend hence stipend is exempted i filed in ITR-1 as NIL return. Now this year which ITR is applicable to me. Pls advice under which head of income i have to show this. Can i show this as other income?
23 May 2011
1) stipend is not exempted income in all cases.
2) in ITR every column can not be nil, as bank interest and daily upkeep drawings are in income atleast.
3) consultancy is PGBP, so ITR4 is required.
2) in ITR every column can not be nil, as bank interest and daily upkeep drawings are in income atleast.
3) consultancy is PGBP, so ITR4 is required.
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
- CAPITAL GAIN REDEVELOPED FLAT
- Multiple payment of self assessment tax for A Y 2025-2026
- Requirement under FEMA &RBI
- REGARDING ITR FILING QUESTION
- Missed TDS
- TDS NOT YET CREDIED
- TDS refund Indemnity Bond
- Gst reverse charge mechanism to be claimed in the month of payment
- Query regarding TDS on EPFO Higher Pension Arrears- under wrong section
- Query regarding reporting of exempt foreign remuneration in ITR
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- Goods return by customer
- INWARD REMITTANCE FOREIGN
- CPC and SAC
- Account freezed for Ineligible ITC Scrutiny for GST Annual Return
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
