Part time lecturer in colleges - which ITR

2045 views
User Avatar

not applicable
140 Points Posted on 28 December 2021

I would like to know which ITR i should use to file my returns?

Using ITR 1 does not show my lecturing income

I earn my income as a part time lecturer with 2 to 3 colleges TDS is cut under 194J

Teaching is not specified under 'profession - legal, medical, engineering or architectural profession or the profession of accountancy or technical consultancy or interior decoration or advertising or such other profession as is notified by the Board for the purposes of section 44AA or of this section"

What is the best advice for me?

Read more at: https://www.caclubindia.com/experts/tds-for-teachers-3311.asp

 

0 Reply Share Follow
On 28 December 2021 at 09:41 Report
Replies (3)
Quick Summary
A part-time lecturer earning income from multiple colleges is seeking guidance on the correct Income Tax Return (ITR) form. Standard ITR-1 doesn't accommodate lecturing income, and TDS is being deducted under Section 194J. While ITR-3 is suggested due to the nature of the income (business/profession), the complexity of this form is a concern for someone not maintaining account books. The individual is exploring if this income can be declared under 'income from other sources' instead.

User Avatar

401 Points Posted on 28 December 2021
Though teaching is not a specified profession, it will be covered under non-specified profession. Besides tax has been deducted u/s. 194J which will be taxed under head income from business/profession. So in my opinion you should file ITR-3.
Reply
On 28 December 2021 at 10:13
User Avatar

not applicable
140 Points Posted on 28 December 2021

But going through all those schedules in ITR 3 are a burden and confusing especially as i am not maintaining account books - i am merely earning n income from lecturing.

Can i not add this income as income from other sources (as i did not want any deductions actual or presumtive?

 

Reply
On 28 December 2021 at 20:33
User Avatar

401 Points Posted on 28 December 2021
No option as TDS is u/s.194J.
Reply
On 28 December 2021 at 20:39

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. Tired converting GSTR-1, 2B & 3B to Clean Exce
  2. TDS on under construction property not deducted
  3. GST on Fixed Assets
  4. GST ITC april 22
  5. GST PAYMENT REGARDING
  6. GST Consultation Required – June–Augus
  7. TDS Code for Salary Payment to Non-Resident Intern
  8. TDS on property
  9. Company data for software
  10. Car purchase to be eligible for ITC

More recent discussions | Post

Related Topics :

Loading