Taxable income ?

if individual salary person received mony from other person of rs 100000.where he show at the time of ITR filling.

this is not a income

it is taxable or not if yes where he show in ITR
Replies (11)
Quick Summary
This discussion clarifies whether a £100,000 received by an individual, who is a salaried employee, from another person is considered taxable income. It's generally not treated as income if it's an unsecured loan and the individual's total annual income is less than £50 lakh, meaning it doesn't need to be declared on the Income Tax Return (ITR) for salaried filers.

Why it is received?

If there is reasonable cause & proof then you may ignore it ..
Where he show at the time of ITR filling...??
- Give more details of amount and reason...

this is not a income...
- then what?

it is taxable or not if yes where he show in ITR...


Elobrate with more details...
Unsecured loan taken from other individual
If unsecured loan then show the balance in unsecured loan...
But salary category is not bound to disclose loans if annual income less than 50lacs

No need to report the unsecured loan.

Yes... If salaried filing then not required to show in ITR...
The question is for salaried Filing only
Well...

Yes... If salaried filing then not required to show in ITR...
Hope you received Rs 100000 by way of cheque from that other person.

Not to be disclosed in the ITR filing by you.

not required to disclose 

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
17 September 2026
Chartered Accountant

Dass Gupta & Associates

Gurgaon

CA

View Details
Company
ARTICLESHIP 07 October 2026
Article assistant

S.K.Bajpai & Co.

Noida

B.Com

View Details
Company
ARTICLESHIP 16 September 2026
Article Assistant

MANUJ SHARMA AND COMPANY

Noida

CA Inter

View Details
Company
06 October 2026
Assistant Manager - Audit and Compliance

Ravi K Jain & Co

Noida

Others

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

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
20 September 2026
Semi Qualified CA

Navin & Associates

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 16 September 2026
CA Article Trainee

SR BAGAI & Co.

New Delhi

CA Inter

View Details