Commission


This query is : Resolved 

02 June 2012 dear dir,

i have received 25000/- commission from
( ADARSH CREDIT CO-OPERATIVE SOCIETY LIMITED ) and my tds is 2500, which formet i have returned ( like 44ad or other )

02 June 2012 You have to File ITR 4.
.
You may show your commission income in the following manner-

Commission Income ..... 25000
Less: Expenses Incurred ........2000
Net Commission Income ........23000
(At the place of 2000 you have to write the amount of Actual Expenses incurred for earning the Commission Income.
.


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