This discussion addresses how to declare part-time job income for tax purposes. The user is seeking advice on whether to list their £30,000 annual earnings from accountancy work under the 'Salary' head in their Income Tax Return. Guidance suggests filing with ITR-2 and declaring the income under 'Income from Other Sources' (IFOS), especially if not GST registered and no TDS has been deducted.
07 August 2024
Sir My Income from Interest on FDR Rs. 5 Lakhs approx and Income 200000.00 capital Gain and 30000.00 annual from accounts work for filling of G S T Return etc. please advise the amount of 30000.00 may be shown in Salary Head in Income tax Return and file return in ITR-2 Thanks Dharam Pal Mob. No. 9810600330