for Commission Income which Form I use ITR 4 or sugam ITR4S?
This query is : Resolved
aruna thakur
(Querist)
23 May 2011
I have commission income from shares trading. Company deducted tax from my brokerage that's why i have filed normal ITR4 in f.y 09-10 for usingn no account case option to get refund but now sugam ITR4S came for presumptive basis. My query is what form use for my normal commision income Rs. 50,000 for f.y. 10-11? Sugam ITR4s is compulsory for everyone?
Thanks & REgards
Aruna
I have commission income from shares trading. Company deducted tax from my brokerage that's why i have filed normal ITR4 in f.y 09-10 for usingn no account case option to get refund but now sugam ITR4S came for presumptive basis. My query is what form use for my normal commision income Rs. 50,000 for f.y. 10-11? Sugam ITR4s is compulsory for everyone?
Thanks & REgards
Aruna
CA PARAS BAFNA
(Expert)
23 May 2011
You may use ITR4S as department has specifically prescribed this form for the small assessees who want to show their income on presumptive basis.
You may use ITR4S as department has specifically prescribed this form for the small assessees who want to show their income on presumptive basis.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Due date for filing return for the partner in partnership subjected to Tax Audit
- Query on effect of registration of property
- Visiting card purchase
- GST on reimbursement of expenses
- Whether output tax is taken credit by purchaser
- Equity Share Sale and Purchase
- Additional trade name
- Goodwill transfer of deceased father’s firm – ICAI applying a 27.04.2026 cut-off to the 3 year limit
- Wrong CMPo8 file
- Number of years as per AS amortisation of Goodwill
- Classification of income of P Ltd company as business or profession
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
