I received Rs. 10 lakh my professional fee
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
22 November 2010
I reeived my fee rs. 10 lkh but i dont want to show in my income tax kindly give my advice.
22 November 2010
No advice can be given on this. As per law you have earned Rs 10 Lacs as fee and you have to show it in your return and pay tax.
Message likes :
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CA.Madhusudan B.P.
(Expert)
22 November 2010
Being a Professional guy, instead of tax evasion, do tax planning & declare the income & pay some taxes to the government.
Message likes :
1 times
22 November 2010
agree
taxindiaconnect
(Expert)
22 November 2010
Even if you do not want to disclose this income, you can not sit at peace as the TAx department will come to know about this income as the payor would have dedcuted TDS on this income and filed a TDS return for this deduction. No escape
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