Accounting income

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if I am having income only through accounting at home under which head it should be shown?????

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?
income is below 250000 and no tds deducted....
Yes... You can file ITR 1 as IFOS.
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


CCI Pro

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