Income tax returns (ITR) filing: This is for whom ITR 3 form is for
Out of the five heads of income, the income from freelance, web-designing business shall be taxed under head ‘Profits and Gains from Business or Profession’ whereas, income from Fixed Deposits shall be taxed under head ‘other sources’.
ou shall be required to file ITR Form 3 giving the details of income. The Tax Deducted at Source (TDS) can be claimed as credit from the ascertained tax liability. Image source: Pixabay