Filing of it returns - individuals
This query is : Resolved
12 January 2012
One of my clients working for a trading concern and his salary is as below
12 months total salary 60,000/-
Provident Fund deducted 14400/-
conveyance allwoance 9200/-
Since with the above income he does have to pay IT the employer does not issue any certificate i.e. Form 16
But the same person after office hours brings some business for the same concern and is given commission on this and TDS @ 10% is deducted from this commission. and Form 16A issued to him
His total commission earned is 1,25,000/- Which Form I should use to file his returns Whether ITR 1 showing salary and income from other sources or ITR 4
12 months total salary 60,000/-
Provident Fund deducted 14400/-
conveyance allwoance 9200/-
Since with the above income he does have to pay IT the employer does not issue any certificate i.e. Form 16
But the same person after office hours brings some business for the same concern and is given commission on this and TDS @ 10% is deducted from this commission. and Form 16A issued to him
His total commission earned is 1,25,000/- Which Form I should use to file his returns Whether ITR 1 showing salary and income from other sources or ITR 4
12 January 2012
Commission earning activity is business and you should file ITR 4
13 January 2012
Hi,
You can file ITR1 for salary income and in that form u can add income from other sources (commission) of Rs 125000.
You can file ITR1 for salary income and in that form u can add income from other sources (commission) of Rs 125000.
Message likes :
1 times
19 January 2012
use form 4S
Message likes :
1 times
09 February 2012
three different answers 4s,4 and itr1 ??? which one is correct? which is to be considered. Is there any chance of refusing itr in case of wrong form? whom to contact for this?
23 May 2012
One of my clients working for a trading concern and his salary is as below
12 months total salary 60,000/-
Provident Fund deducted 14400/-
conveyance allwoance 9200/-
Since with the above income he does have to pay IT the employer does not issue any certificate i.e. Form 16
But the same person after office hours brings some business for the same concern and is given commission on this and TDS @ 10% is deducted from this commission. and Form 16A issued to him
His total commission earned is 1,25,000/- Which Form I should use to file his returns Whether ITR 1 showing salary and income from other sources or ITR 4
12 months total salary 60,000/-
Provident Fund deducted 14400/-
conveyance allwoance 9200/-
Since with the above income he does have to pay IT the employer does not issue any certificate i.e. Form 16
But the same person after office hours brings some business for the same concern and is given commission on this and TDS @ 10% is deducted from this commission. and Form 16A issued to him
His total commission earned is 1,25,000/- Which Form I should use to file his returns Whether ITR 1 showing salary and income from other sources or ITR 4
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