There are few assessees who get monthly payment as salary but treated as contractual payment and tax is deducted u/s.192C. Now, ideally and technically these assessees should file ITR-3 but have been filing ITR-1 for years without any notice or query from the department till date. Can somebody, please, explain this?
Menu
TDS u/s.194C returns filed in ITR-1
Replies (1)
-
Why no notice yet? Due to automated CPC processing matching TDS credits with Form 26AS without manual verification.
-
Risk: Absence of a notice to date does not make it legally correct; filing ITR-1 for contractual income is technically incorrect and should ideally be reported under ITR-3.
Recent Topics :
- Dividend from co-operative society
- SECTION 139(10) OF THE COMPANIES ACT, 2013 CASE
- TDS u/s.194C returns filed in ITR-1
- TDS on Property - Form 26QB Related
- Capital gains on sale of flat from wife to husband
- TDS filing for the 1st quarter of TY 2026-27
- Login into Old Traces Portal
- Professional Income reporting in ITR-3
- Pf exemption in hand of spouse on demised of husba
- Missed deadline to revise ITR for a foreign asset
Related Topics :
CAclubindia
