Commission income - itr 3 or in itr 4 (under 44ad)_a y 17-18
This query is : Open
Querist : Anonymous
Querist :
Anonymous
(Querist)
07 July 2017
A person having Commission Income, having gross Receipt 2.58 lakh & taxable Income from it is Rs 2.42 lakh. whether that person can file ITR u/s 44AD ?
If no, then if person files return in ITR - 3, then whether to select yes or No on Applicability of sec 44AA ?
In same situation can a person file the return with no books of accounts maintained ?
If no, then if person files return in ITR - 3, then whether to select yes or No on Applicability of sec 44AA ?
In same situation can a person file the return with no books of accounts maintained ?
CA Rashmi Gandhi
(Expert)
07 July 2017
He can opt to pay u/s 44AD.
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