Bifurcation of income head.

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5 Points Posted on 24 August 2020
I have income from other sources and income from sale of household item. Under which head I will have to show sale of household item.
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On 24 August 2020 at 15:04 Report
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This discussion clarifies the correct tax head for reporting income generated from the sale of household items. It confirms that such income should be declared under the 'Income from Other Sources' head in your tax return. Both this income and any other miscellaneous income should be listed as separate line items within the 'OS' tab of your tax return.

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CA Job
606 Points Posted on 25 August 2020

both will be under Income from other Sources

enter both incomes as separate line items in Income tax return under OS Tab 

CA Shubham Gupta
9968983550

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On 25 August 2020 at 13:34
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5 Points Posted on 25 August 2020
Thank you sir
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On 25 August 2020 at 13:35

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