Mrinmoy (Software Engineer) 22 January 2015
I am Software Engineer & work for a company. I also run a proprietorship business under which 2 other persons are working. One is getting 15k and another one is getting 25k.
Do I need to file my income tax for the company and business separately?
How can I show my expenses from my business in income tax filing?
Do I need to deduct TDS for my employees?
How can I do so?
When should I file my taxes?
Amit Bajotra (PROPRIETOR) 26 January 2015
The one who 15 k is not under a legal duty to file the return of income while the other who claims 25 k,his employer responsibly needs to deduct tax at source.
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