Section 194H income with business income

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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).

Asif Ali

Asif Ali (Querist)
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28 July 2023 Dear Sir,
Section 194H ki income ko kis itr mein kahan show karna hai

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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28 July 2023 How much amount?

Asif Ali

Asif Ali (Querist)
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28 July 2023 Around Rs. 5000 only

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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28 July 2023 If filing ITR 2, you can declare it under Schedule OS.

Asif Ali

Asif Ali (Querist)
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28 July 2023 Lekin sir business income bhi hai...so itr 2 not possible..

Asif Ali

Asif Ali (Querist)
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28 July 2023 I want to file itr4 is it possible

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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28 July 2023 OK, even for ITR 4 declare it in 'Other Income.'

Asif Ali

Asif Ali (Querist)
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28 July 2023 Itr4 or itr3 dono mein se kisi mein bhi declare kar sakte hain...

Asif Ali

Asif Ali (Querist)
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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??

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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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.

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Asif Ali

Asif Ali (Querist)
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29 July 2023 Very very thanks sir.. aapse bahut kuch seekhne ko milta hai....God bless you..

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Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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29 July 2023 You are welcome.

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