Hi, I have a proper full time job. I freelanced for a month last year. They got my PAN and whenever they paid me in my bank account, total amount is ~1.4L, they deducted TDS under 194C (it's 1% TDS). This freelancing income is listed in my AIS as Business receipts - Receipts from contract (Section 194C). The amount was paid from an entity 'XYZ private limited' even though I worked for an individual..My questions are
File Itr 4 instead of 1.
@SalonMusk it's not other source income. Show it in presumptive.
Thanks @Pro_CA . I did file an ITR-4 earlier today. I filled up everything in the filing site but still wanted some validation and so went to a CA office and the job got done in less than 10 minutes. They charge me Rs. 200 only.
When I add this freelancing income in other source of income in ITR-1 form, 2 things happened.
I have been freelancing since Dec'23. They connected my account details via RIPPLING. They asked me to fill a form (W8-BEN) in which I had to add my PAN.
I pulled 26AS for 23-24 but not seeing anything from this company in there.
Sinc...
Just want to get inputs from those who freelance along with being salaried. I am wondering how people do ITR filing when they’re directly receiving payment from their clients abroad (inward remittance) on their own name (no company creat...
Hello finance experts,
I am filing itr for first time actually I Have got money credited from two places one tds comes under section 192 which is my salary account and other from where I did intern which is 194JA which is related to pr...
Hi, experts I was filing itr, so needed help, I started my job from May 2022, but before that I did an internship where I got salary credited to my account , it was around 1500 for one month (March) for this assessment year and also the...