CA ANSHUL DOKANIA (CHARTERED ACCOUNTANT) (196 Points)
24 March 2013A sahara India commission Agent is receiving commission from sahara india and its Tds has been deducted u/s 194H.Under which head of income i need to file his IT return.Whether ITR 2 can be used to file its return.Moreover upto which extent i can claim expenses against those commission.The total commission received by him is around 9.5 lacs.
raghavender upadhyay
(B.Com, LLB, CA FINAL)
(331 Points)
Replied 24 March 2013
He has to file Form ITR - 4 As a General Commission Agent. you can claim expenses as a normal business and to the tune of vouchers available.
CAclubindia
