If an full time employee receives commission of rs 25000 and tds deducted u/s 194 H . Now can he use ITR-1 or Itr -4 .
R
Menu
Which itr to be file
Replies (7)
According to me itr 1.
I think ITR 1
use ITR 2 to file the return
USE ITR 1 to file the return
In my view, ITR 1 to be used.
If commission is received from same employer than it will be treated as part of salary and ITR-1 will be applicable. If Commission received from other than employer than it will be treated as business income and ITR-4 or 4S will be applicable subject to maintainence of account books.
I agree with the view of CA Sonali.
Recent Topic
- CA FINAL FR IndAS 33 Illustrtion 14
- Taxation on Sale of old Jewellery Received at Marr
- ITR-3 Filling issues
- PF withdrawal and tax liability
- Sale of Goods or Services?
- ITR form query
- Credit against paud RCM on rent
- Dividend difference in 26AS, AIS, TIS
- 194JB INCOME
- Filing ITR3 where income under section 44AD with L
Related Topics
CAclubindia
