Salary professional income and loss from house property
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
21 July 2013
Hi,
I have the income from Salary, income from Profession for which tax is deducted under section
194J and loss from house property. Which ITR is applicable for me, Also,
1. Under whcich schedule i have to show the income from profession
2. Can i claim and expenses for the income on profession. I do not maintain any books
I have the income from Salary, income from Profession for which tax is deducted under section
194J and loss from house property. Which ITR is applicable for me, Also,
1. Under whcich schedule i have to show the income from profession
2. Can i claim and expenses for the income on profession. I do not maintain any books
CMA Ramesh Krishnan
(Expert)
26 July 2013
You can file the ITR-4
There is separate sheet is there to declare the business and profession income in ITR.
You can claim the expenses, if you are maintaining the books.
Books maintaining. please refer sec.44AA
There is separate sheet is there to declare the business and profession income in ITR.
You can claim the expenses, if you are maintaining the books.
Books maintaining. please refer sec.44AA
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