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Salary Income plus Business Income

Tax queries 304 views 5 replies

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?

 

Replies (5)
Are you received salary through bank or Cash...???
You may use ITR-3 or ITR-4 and pay the income tax

Received Payment by Bank

If You are received Salary through bank then You don't show leaser value...
it's very danger in future...
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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