Salary Income plus Business Income

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)
Quick Summary
This discussion addresses how to declare both salary and business income for tax purposes, including potential confusion around TDS and interest income. It strongly advises against under-reporting salary to an employer, as payments made via bank are traceable and attempting to do so could lead to future complications. The conversation also touches upon the appropriate Income Tax Return (ITR) forms (ITR-3 or ITR-4) and explores available deductions beyond the standard 80C and 80D.

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

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
18 September 2026
Accounts & Finance Specialist

ULTRA CHEMICAL WORKS

Thane

CA Final

View Details
Company
07 October 2026
Senior Account Manager

Amplio Invest

Mumbai

M.Com

View Details
Company
08 October 2026
SALES TELECALLER

HIRE NOVA

Lucknow

Graduate (Any)

View Details
Company
30 September 2026
Senior Accountant

Codeboard Technology

Chennai

B.Com

View Details
Company
05 October 2026
Senior Accountant

Vision IT Peripherals Pvt Ltd

Mumbai

B.Com

View Details
Company
ARTICLESHIP 15 September 2026
Freelance Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
10 October 2026
Accounts Associate Level 1

Abic and Mani Chartered Accountants

Kottayam

B.Com

View Details
Company
22 September 2026
Account Assistant

Chirag P Shah & Co. Chartered Accountant

Pune

B.Com

View Details