income from 'fees from professional'
This query is : Open
AMOL RAYKAR
(Querist)
26 June 2017
income from 'fees from professional or technical service'(as per section 194 J) comes under which income head??? is it considered as salary or as income from other head??
Nischit Sanghavi
(Expert)
26 June 2017
Income from business or profession
the head itself says
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Devansh Jain
(Expert)
26 June 2017
It depeds..(since it seems question is incomplete..)
PGBP head...if the professional servies are main source of income of assessee
Salalry head...if amount is received under employment
Other sources head..if any other case
PGBP head...if the professional servies are main source of income of assessee
Salalry head...if amount is received under employment
Other sources head..if any other case
Message likes :
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CA Rashmi Gandhi
(Expert)
26 June 2017
Completely agreed with Devansh Jain except it cant be salary as TDS deducted u/s 194J
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AMOL RAYKAR
(Querist)
27 June 2017
thank you very much for your valuable advice.
Devansh Jain
(Expert)
27 June 2017
you welcome..............
AMOL RAYKAR
(Querist)
27 June 2017
I need one more advice..if a person have income from ' fees from professional or technical service' & from partnership firm,which ITR form is applicable.
CA Rashmi Gandhi
(Expert)
27 June 2017
ITR 3................
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AMOL RAYKAR
(Querist)
28 July 2017
Dear Rashmi madam,
as ITR 3 is applicable for proprietary business & profession, I do have income from partnership firm..so which ITR should I file??? ITR 2 or ITR 3???
AMOL RAYKAR
(Querist)
28 July 2017
i have income from partnership firm & profession
CA Rashmi Gandhi
(Expert)
29 July 2017
ITR-3..........
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