Should we show 27Q TDS payment details in ITR.

ITR Filing 426 views 3 replies

Question 1 : Have filed the TDS Return for Q4'23 in  27Q for purchase of property from NRI & generated Form 16A

a. Should I show the house purchase details in ITR. The purchase transaction not shown in AIS or 26AS.

b. Should I show the TDS deducted 27Q details in ITR.

Question 2 : In 26AS Part -I , have the interest from Savings bank and income from professional income (Freelance Training) reported. (Other than Salary)

TDS deducted for professional income is auto filled in ITR-1.  But the professional income is not auto added to 'income from other sources' (only Bank interest is included).  Should we include this professional income also in other sources manually.

Thanks

 

Replies (3)

1. a. Not possible.

b. Not in your ITR.

2. File ITR 3 or 4 you cannot file ITR 1.

Thanks Sir,

Q.2 : If majority of  Income is from a full-time Job-Salary and have a very nominal income (<40,000) from Professional Services Fees, for which the TDS @ 10% u/s194J has already been deducted.

1. Do we need to  Add this professional income as well in ITR1 or ITR2 while TDS deducted is Auto filled in ITR.

2. No expense claimed for the professional service / No Audit needed, Do we still need to go for ITR 3 / 4?
 

File ITR 2, declare the income in Schedule OS, and rectify the TDS column in schedule Tax paid, for the source of income as OS.


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