Income from Job typing works
This query is : Resolved
04 November 2022
Which ITR form is to be used for filing returns for A.Y. 2022 - 2023 under belated return category under the following situation
1. As assessee who is 50 years old is earning income from doing job typing works from home.
2. His income from job typing is less than Rs.1,00,000/-
3. Other income is from Income from fixed deposits.
Overall his income is less than Rs.2,20,000/= He is filing the return as he is having Pan Card.
As his income from Job typing is less than 1,00,000/= whether it is mandatory or optional to maintain books of account.
Since last assessment year he has not opted Section 44AD. Whether opting for Section 44AD is mandatory in this case.
1. As assessee who is 50 years old is earning income from doing job typing works from home.
2. His income from job typing is less than Rs.1,00,000/-
3. Other income is from Income from fixed deposits.
Overall his income is less than Rs.2,20,000/= He is filing the return as he is having Pan Card.
As his income from Job typing is less than 1,00,000/= whether it is mandatory or optional to maintain books of account.
Since last assessment year he has not opted Section 44AD. Whether opting for Section 44AD is mandatory in this case.
04 November 2022
Overall his income is less than Rs.2,20,000/= hence no need to file ITR.
Having PAN card no need to file ITR in case of income below taxable limit.
Having PAN card no need to file ITR in case of income below taxable limit.
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
- Refund Annexure-B
- Liable to deduct tds and 44ADA
- Clarification regarding Import E-way bill transaction type // Regular or Bill from Dispatch From
- GST Reverse
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- Sale of Equity shares for Purchase of Residential Property
- Subscription paid to foreign customer
- PRESUMTIVE TAXATION SCHEME
- Is Interest applicable for payment made through credit ledger vide DRC03 for FY 2020-21 & 2021-22
- TDS PROCEDURE ON SALE OF IMMOVABLE PROPERTY BY NRI
- Refund of 20%pre-deposit paid for stay application
- ASISSE return under the provisions of the Collection of Statistics Act, 2008 (7 of 2009)
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
