if I am having income only through accounting at home under which head it should be shown?????
Menu
Accounting income
Replies (9)
Hi,
Treat it as a consultant income like professional income
44ADA TO BE FILED
Treat as Professional income and You can file ITR 3 or ITR 4 (44ada).
Can I show it as income from other sources and file itr 1????
What is Your total income...?
Any of TDS deducted by customers?
Any of TDS deducted by customers?
income is below 250000 and no tds deducted....
Yes... You can file ITR 1 as IFOS.
But, Better to file under PGBP...
But, Better to file under PGBP...
You can file as Profits & gains from business or profession under business code 16002 on presumptive basis under section
44 ADA.
By declaring more than 50% of profits as your income.
OK and thanks for ur prompt and valuable reply
Recent Threads
- GSTR 2B ( MULTIPLE MONTHS )
- Eway bill generation for export material.
- International Tax clarification UK.
- E way bill expired penalty
- Best SME Focused AIF Funds in India for High Growt
- How does employee management software help in stat
- Clarification Required – Section 18 of Wage
- How to split freelance project income with a frien
- 194a for A y 2024-25
- Compensation & Benefits
Related Threads
CAclubindia
