Salary Income plus Business Income

Tax queries 134 views 5 replies
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Manager
24 Points Joined October 2023

Salary received from employer- 6.5lakhs pa but no TDS deducted

Also Income from Business- Salary- 2.35lakhs and Interest- 34k.

Can i show my employer salary lesser than actual received as I am getting to pay High IT.

Also what all deductions I can claim on salary other than 80C and 80D?

 

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On 25 October 2023 at 15:53 Report
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"Do the Right Thing...!!!"
128116 Points Joined January 2015
Are you received salary through bank or Cash...???
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On 25 October 2023 at 15:57
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CFO- at NHTF
58275 Points Joined August 2012
You may use ITR-3 or ITR-4 and pay the income tax
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On 25 October 2023 at 16:49
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Manager
24 Points Joined October 2023

Received Payment by Bank

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On 25 October 2023 at 17:14
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"Do the Right Thing...!!!"
128116 Points Joined January 2015
If You are received Salary through bank then You don't show leaser value...
it's very danger in future...
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On 25 October 2023 at 17:24
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CFO- at NHTF
58275 Points Joined August 2012
Don't go by unprofessional way of tax evasion. Pay tax and file returns on time.

If you are earning income then you have to pay income tax . You may check the tax planning methods
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On 26 October 2023 at 07:57


CCI Pro

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