banner_ad

Income from other source

Others 288 views 6 replies
User Avatar

G
407 Points Posted on 07 July 2019
Income as interest from sundry debtor is shown as interest income in itr2 in other income category is it correct.
0 Reply Share Follow
On 07 July 2019 at 16:24 Report
Replies (6)
User Avatar

"Do the Right Thing...!!!"
128152 Points Posted on 07 July 2019
Originally posted by : Aaaaa
Income as interest from sundry debtor is shown as interest income in itr2 in other income category is it correct.

Sundry Debtors.....???

ITR 2...?

No more logic... Can You elaborate Your query...??? 

Reply
On 07 July 2019 at 19:02
User Avatar

G
407 Points Posted on 07 July 2019
I have only interest income so I file itr2 is it correct
Reply
On 07 July 2019 at 19:30
User Avatar

Team Lead
7558 Points Posted on 07 July 2019
yes it shud be shown under other sources
Reply
On 07 July 2019 at 20:27
User Avatar

367 Points Posted on 08 July 2019
it should be shown under head PGBP since its a interest which is directly associated with business,
if interest income which is not directly associated with business shall be shown under the head IFOS
Reply
On 08 July 2019 at 01:48
User Avatar

G
407 Points Posted on 08 July 2019
IFOS it's asking detail so we have to type Interest Income and mention the amount am I right
Reply
On 08 July 2019 at 08:28
User Avatar

Team Lead
7558 Points Posted on 08 July 2019
yes that's right
Reply
On 08 July 2019 at 10:17


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topic

More recent discussions | Post

Related Topics
Loading

Latest Job Openings

View all
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
19 May 2026
Accountant

ca kunjan

Mumbai

CA Inter

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details