This discussion clarifies how to report income under Section 194H, particularly when you also have business income. For ITR-2, it can be shown under Schedule OS. If filing ITR-4 (or ITR-3) and opting for normal assessment, combine it with business income. However, if using ITR-4 under Section 44AD, declare the commission income under 'Other Income' (Schedule OS).
28 July 2023
Sir yeh meesho plateform ne tds deduct kiya hai Section 194O which is match with gst turnover Section 194H which is other sources income.. Gross receipt mein to 194O ahow karenge??
28 July 2023
If you are filing ITR 3 under normal assessment, then combine the all such receipts under business income. But if you wish to file ITR 4 for any business income under sec. 44AD, in that case declare the commission income under schedule OS.