One of my friend is a BHMS doctor received income of Rs. 3,30,618/- from Medical college as salary or professional fees he did not know because the college did not issue form 16 then he asked what they treat that exp they told as salary. HE also doing part time his clinic earned approximate Rs. 70080/- and during the fY 2021-22 he also received agriculture income of Rs. 50000/-
Kindly suggest which ITR Return he can file and also treatment of Rs. 330618/- as salary or professional fees
28 July 2022
If the amount is not fixed every month, but variable, treat it as professional income. If its salary, the college must give him form 16. Still verify AIS reporting. File ITR 3 under sec. 44ADA..of IT act.
29 July 2022
Sir, College amount is almost fixed but they did not issue a Form 16 and i also verified AIS statement but amount not shown in AIS. So Please suggest which ITR use best to file shall i file ITR 3
CAclubindia
