Part time income in Income tax return

Originally posted by : Sandeep Jain
	Respected Raja Sir, Parttime earning Value Rs. 2000/- per month from April to March Rs. 24000/- so can we go for other income Kindly guide.

Yes, You can...

Income from other sources :

Dividend Income, Wining from lottery, Wining from online games, rental income from machinery, Interest income, insurance policy maturity, termination of your employment so on. 

Now, you can understand, Your bookkeeping service not comes under this head. It is income from profession. It is taxable 50% on receipt. 

When you declare this income along with your Salary and dividend. ITR Form 3 will be suitable.

What Is ITR 2?

The ITR-2 is a form used to file tax returns with the Income Tax Department of India by both Indian nationals and non-resident Indians. Filing Income Tax in India necessitates the completion and submission of various forms based on the assessee's category. The ITR-2 form is one of the forms that must be completed throughout the tax filing procedure.

How To File ITR 2

You can file your income tax return either offline or online. However, only taxpayers aged 80 and over are qualified for ITR 2 offline filing. These persons can submit returns promptly by employing a hard copy of the ITR-2 form and a bar-coded return of income earned. Furthermore, the IT department acknowledges receipt when an assessee submits this paper form.

Follow the steps below to file your ITR online:

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