Knowledge Base | Vibrant Finserv

Self-Employment Income: Is there a specific section in the ITR form for reporting income from contractual services?

Professional Deductions

ITR form for contractual services

Individual taxpayers in India usually report their income from contractual services under the “Income from Profession or Business” section of the Income Tax Return form. Depending on the nature of this, taxpayers would need to provide details about their income, expenses, and other relevant information in this section. There is no any specific form ITR form for contractual services.

For more information to visit: https://www.mca.gov.in/

However, tax forms and regulations can change over time, so I recommend checking the latest version of the Income tax return form or consulting with a tax professional or the official website of the Income Tax Department of India to get the most up-to-date and accurate information regarding reporting income from contractual services in the Income tax return form.

For further details access our website: https://vibrantfinserv.com

Exit mobile version