Technically it is Taxable under the Head Salary, but as per the Income Tax Forms released by the Department, we do not get Form 16 for this and we have compulsorily classify this income under other Sources and offer the TDS under the Non-Salary Section of TDS sheet in the IT returns.
Thank You,
Sachin C
Shyam Joshi & Associates
Pune
B.Com
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T R SOOD & CO
New Delhi
CA Inter
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Rahul Dang & Associates-Chartered Accountants
Pune
CA Inter
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