In current FY in my bank account cash withdrawals are exceed 20L to below 1cr..
some tds deduction on this ..
which itr need to be filled...???
please kindly reply
Thank you
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Which ITR to be used..??
Replies (4)
Quick Summary
U cannot file ITR 1
What types of other incomes do you have??? Selection of ITR depends on the type of incomes you have. Such as salary income, Income from house property, business income, capital gains, FD interest or saving bank interest income etc...So please clarify the nature of incomes you have.
Actually my brother business transactions are happened in my bank account...
he use mine bank account
so , as per tds u/s 194N, they deduct 2% (above 20L upto 1cr)..
he use mine bank account
so , as per tds u/s 194N, they deduct 2% (above 20L upto 1cr)..
Use ITR-4, better consult some CA
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