Tax Free Income or Exempted Incomes are also need to disclose in the Income Tax Return also. All Answers are only related to the book entry in the books of account, but the main query is different that whether to show in ITR or Not. I am fully satisfied with the answer of Mr. Sarvesh Kumar Singh that it should be disclose in the Schedule E.I. (i.e. exempted Income). It need to be disclose all type of Income whether taxable or exempt in the Income Tax Return.
Menu
How to show gifts (cash) received on marriage in itr?
Replies (15)
Tax Free Income or Exempted Incomes are also need to disclose in the Income Tax Return also. All Answers are only related to the book entry in the books of account, but the main query is different that whether to show in ITR or Not. I am fully satisfied with the answer of Mr. Sarvesh Kumar Singh that it should be disclose in the Schedule E.I. (i.e. exempted Income). It need to be disclose all type of Income whether taxable or exempt in the Income Tax Return.
Recent Threads
- How to get online work as a accountant
- GST mandatory when exporting services?
- IMS action related
- CERTIFIED FRAUD EXAMINER EXAM
- Service availed ITC query
- How do I purchase Copper Clues games in Kolkata?
- Regarding Annual Return for 23-24
- Property registration without physical PAN card
- Paying Rent in Cash: This Could Trigger an Income
- Market Down, Portfolio Down: Need suggestions for
Related Threads
CAclubindia
