More then one code

This query is : Resolved 

20 March 2014 dear sir
form 26as show of a medical professionals
income under sec 194J RS 48690 and sec 194C
7840. hence IN NATURE OF BUSINESS SCHUDULE
it need to be select two code for two types of income or not? please advice me thanks.......

20 March 2014 not necessary. under what section the deductor deducts TDS is not the reflection or the determining factor for how we book income in the deductees books.

You need to look at the activities of the assessee to check whether he has done multiple activities or one.

20 March 2014 not necessary. under what section the deductor deducts TDS is not the reflection or the determining factor for how we book income in the deductees books.

You need to look at the activities of the assessee to check whether he has done multiple activities or one.

21 March 2014 dear Nikhil sir
Thanks for your valuable replies. here
the assessee does not involve multiply activity. so is it need to select only code of medical professionals? advice me please. thanks........

21 March 2014 dear Nikhil sir
Thanks for your valuable replies. here
the assessee does not involve multiply activity. so is it need to select only code of medical professionals? advice me please. thanks........

21 March 2014 Yes absolutely....one code should be sufficient....

23 March 2014 dear Nikhil sir
thanks----tds deducted from another assessee by two different deductors and sourses of income are different. hence in this case two code are selected in NATURES OF BUSINESS or not? please replies thanks.......

23 March 2014 simply apply the logic of whether or not the activities performed a different...if they do constitute separate activities, mention two codes, otherwise not


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