Amway business commission income

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Querist : Anonymous

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Querist : Anonymous (Querist)
28 March 2014 Dear Sir
Pls tell me if anyone is getting Commission income of Rs 9779/- from Amway business and TDS U/s 194H deducted Rs 978 , then to get that amount refund how to treat this income in return filling.

28 March 2014 if client have any other business and salalry income then it treat as income from other sources.

other wise it will taxable under income from business income

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Querist : Anonymous

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Querist : Anonymous (Querist)
28 March 2014 Thank You Mr Jain. In my case the client has no any other income. so in this if he wants to file Business income which ITR form to be used? ITR 4S and section 44AD? Pls reply. Thanks again for your valuable suggetion.

28 March 2014 44AD is not allowed for commission income. you need to file ITR4.

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Querist : Anonymous

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Querist : Anonymous (Querist)
28 March 2014 Thanks for reply. but in that case the commission income is too less, pls guide if you have any other suggestion.

Thnaks

28 March 2014 the quantum is not relevant friend...the above suggestions hold good.


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