IT Return for Retiner fees
This query is : Resolved
24 July 2009
Hi,
I receive retainer fees from Wipro Infotech.
How should i go about filing IT Return?
I mean would it be treated as Salary.
I have got only Form 16 A from my company.
I receive retainer fees from Wipro Infotech.
How should i go about filing IT Return?
I mean would it be treated as Salary.
I have got only Form 16 A from my company.
Aditya Maheshwari
(Expert)
24 July 2009
It will be treated as professional fees received and taxed as income from business & profession on return to be filed in ITR - 4.
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