Re ITR 1 - IFOS

Originally posted by : Khushboo
	I got professional fees on which TDS is deducted.amt shown in 26AS:amt credited / paid - 1,00,000/-tax deducted - 10,000/-amt actually credited in my bank account - 90,000/-so while filing ITR 1 , I am showing this income under IFOS. so what amt should I take in ITR as IFOS - 1,00,000 or 90,000?

If You Got Professional Fees than shown under PGBP under section 44ADA

and show Full Amount Rs. 100,000/-

100000

If You Got Professional Fees than shown under PGBP under section 44ADA in income tax return ITR 4

You have to show Full Amount Rs. 1,00,000/- as gross receipts and can show presumptive income under section 44ADA as 50% of 1,00,000 or more than that, but it's better to show full 1,00,000 as presumptive income if your total income is below exemption limit