sir
we have received interest income from finance business so which itr applicable for this income
Menu
Interest income for income tax
Replies (4)
Depending upon aggregate income ,and types of expenditures you want to claim the ITR can be ITR3 (as business income). and ITR 1 under other sources of income below < 50 lakhs)
There will be huge TDS amount also.
If Gross Receipts (finance income) exceeds 1 crore then tax audit under 44AB
Can take 44AD benefit also by filing ITR4
Which ITR you filed last year ?
There will be huge TDS amount also.
If Gross Receipts (finance income) exceeds 1 crore then tax audit under 44AB
Can take 44AD benefit also by filing ITR4
Which ITR you filed last year ?
Sir
we have file from 18-19 financial year
we have file from 18-19 financial year
You have to decide based on volume
Roughly how much interest income ?
Is it proprietory or partnership ?
To whom loans given basically ?
is it Gold loan financing ?
There are many more factors
Can mail me - pnkapadia @ gmail.com
Roughly how much interest income ?
Is it proprietory or partnership ?
To whom loans given basically ?
is it Gold loan financing ?
There are many more factors
Can mail me - pnkapadia @ gmail.com
@ R Vadivel.,
File your income tax in ITR 3 as PGPB.
File your income tax in ITR 3 as PGPB.
Recent Topics :
- Capital Gain on Sale of SRA Allotted Flat Received
- Discrepancy in Auto populated figures in GSTR1 of
- What should I do after receiving a GST Show Cause
- Discuss and Download CA Inter Question Paper Septe
- Hi experts needed some help
- Gift of Immovable Property u/s 92 of Income Tax Ac
- NSE BSE Pre-open session changes from 7 September
- Financial statements for non corporate entities
- Hi experts need some help
- Is SAP FICO a good career option for finance and a
Related Topics :
CAclubindia
