Non recurring income
This query is : Resolved
22 July 2019
Assessee being an Individual has provided certain consultancy (paid GST as well) on account of redevelopment project of society where consideration is Rs. 60,00,000/- and TDS is deducted u/s 194-J , Now as this is not recurring income also client doesn’t possess any qualification.whether this income can be shown in Ifos?
31 May 2020
Yes. This income needs to be shown and TDS deduction can be claimed subject to eligibility and other terms and conditions.
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