Inquiry about Filing ITR for Combined Freelance and Permanent Employment
This query is : Resolved
13 July 2023
Hi
Between April 2022 and mid-August 2022, I worked as a freelancer for a company. From mid-August 2022 onwards, I moved to a permanent employee position within the same company. I have received Form 16 for the period of August 2022 to March 31st, 2023, and Form 16a for the period of April 2022 to mid-August 2022.
Now, I am unsure if I need to file separate income tax returns (ITR 1 for the permanent job and ITR 3 for freelance income) or if I can file ITR 1 only and include the freelance income under the "Income other than salary" head.
Your suggestions would be greatly appreciated.
Between April 2022 and mid-August 2022, I worked as a freelancer for a company. From mid-August 2022 onwards, I moved to a permanent employee position within the same company. I have received Form 16 for the period of August 2022 to March 31st, 2023, and Form 16a for the period of April 2022 to mid-August 2022.
Now, I am unsure if I need to file separate income tax returns (ITR 1 for the permanent job and ITR 3 for freelance income) or if I can file ITR 1 only and include the freelance income under the "Income other than salary" head.
Your suggestions would be greatly appreciated.
13 July 2023
File only one ITR 3, where in disclose both incomes.
13 July 2023
okay, just now my company accountant is saying that I should file ITR 4
is he correct?
is he correct?
13 July 2023
Yes, if TDS deducted u/s. 194Jb, and if you are eligible for sec. 44ADA of IT act.
Otherwise file ITR 3.
Otherwise file ITR 3.
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14 July 2023
You are welcome.
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