Hi
I got a one time referral bonus of 250/- on which 13/- TDS was deducted from the broking firm that gave me the referral amount in the trading account ledger I have with them. TDS was deducted under section 194H, it is coming in TIAlS/AIS as Business Receipts.
Is it okay to declare this 250 in income from other sources when I file my returns.
Do I have to show it under Business Income where regular accounts of books are not maintained?
Could you please help
I am ready to provide more information if needed
CAclubindia
