Can anybody tell me which Income Tax Return form is used for Fees for professional and Technical service income u/s 194 J ?
Menu
Fees for professional or technical service
Replies (2)
ITR 4 FORM
REGARDS
ITR 4 is to be used for if Total income constitutes Professional fee/Technical fee. Pl take care if Professional receipts are coming under Sec.44AB ie. the gross receipts are Rs.25.00 lakhs for AY 2013-14 ( For AY 2012-13 it is Rs.15.00Lakhs).And also as per Sec 44 AA , books of account are to be maintained if the Total Income is exceeding Rs.1,20,000/- or the Gross receipts from profession other tahn the specified Profession like,Doctors etc.,exceed Rs.10.00 lakhs.
Recent Topics :
- Free CA Foundation Study Material - PYQs with Sugg
- INCOME TAX
- Moving from old to new tax regime after notice
- Need urgent help on notice
- ITR-3 - F&O Loss adjusted against business inc
- Error - Blank Rows in Schedule SI (ITR-2)
- Dividend from co-operative society
- SECTION 139(10) OF THE COMPANIES ACT, 2013 CASE
- TDS u/s.194C returns filed in ITR-1
- TDS on Property - Form 26QB Related
Related Topics :
CAclubindia
