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Regarding sales commission income

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22 March 2017 Dear Respected Members

A person who is a commission agent of amway and other companies ebizz etc. His TDS is also deducted by companies and they also issued form 16a to him. The commission earned his only source of income and his total income in year is below tax exemption limit and want to refund his tds
and also he did not want to claim his expanses and no books of accounts he have maintained
My Query Regarding this is Can He file ITR 1 Income from other sources as he did not want to claim his expenses He only wants to claim his tds refund

22 March 2017 Yes, ITR -1 can be filed, but still it falls under business or professional income we insist to file ITR -4

23 March 2017 SIR IF IN ITR 4 HE DONT WANT TO CLAIM ANY EXPENSES IS HE NEEDS BOOK OF ACCOUNTS OR IF HE OPT FOR ITR4S WHAT IS HIS NATURE OF BUSINESS




24 March 2017 In ITR 4 show gross income and Gross profit same, don't show expenses.

Commission income you should not file itr4S sec 44AD Not applicable for commission income.

24 March 2017 If we show profit of 2 lakhs and claims no expenses then we required to maintain books of accounts

24 March 2017 Not required, but you should keep record for your income, you have to fill Balance Sheet item non maintaining books column,
Debtors, Creditor, Cash balance and stock whichever is applicable otherwise return become defective u/s 139(9)

24 March 2017 Sir no debtors no creditors no asset no liability and no expenses claim no books no books please tell which points of itr 4 have to fill just for tds refund

24 March 2017 Fill cash balance, fill accrued commission receivables in Debtors column.




24 March 2017 No receivable sir all commission till date has received

24 March 2017 earn 2 lacs as commission till date and want to show this all as income and dont want to claim expense his only matter is tds refund

25 March 2017 If that is case at least fill cash balance. or other wise file itr-1

25 March 2017 Can i show this 2 lacs as other income source in itr1




25 March 2017 Yes, you have to show in other income in itr-1.



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