COMMISION INCOME ALONG WITH CONTRACT INCOME
This query is : Resolved
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PANDIAN BRIGHT
(Querist)
13 July 2021
One of My Clients Earns Contract Income along with Commission income. He was deducted TDS under both the Sections of 194 H and 194 C. My query is which ITR should i file? whether ITR-4 or ITR-3?
If ITR-3 means, will it be filed only by Chartered Accountant or Tax consultant can file it?. Please Clarify.
Thanking You
If ITR-3 means, will it be filed only by Chartered Accountant or Tax consultant can file it?. Please Clarify.
Thanking You
PANDIAN BRIGHT
(Querist)
13 July 2021
Thanks for your reply mam. Is it necessary to prepare P&L and Balance sheet?
13 July 2021
Yes. One has to prepare and furnish profit and loss account and balance sheet in ITR-3
PANDIAN BRIGHT
(Querist)
13 July 2021
Ok thank you very much
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