Guidance in filling itr-4
This query is : Resolved
Guest
Guest
(Querist)
22 June 2017
My mother (Mrs Ketaki Mandal PAN ANVPM3532D) is an LIC agent who has earning from LIC commission & bank interest. I have entered bank interest under 'Income from other sources' in ITR-4. I have also declared 'Nature of Business' as '301-General Commission Agents' Is it correct or do I need enter different code? What will be the tradename ?
In my understanding I can fill income from LIC agency under 44ADA. If correct, what are the details I have to fill against
E3. Gross Receipts &
E4. Presumptive Income under section 44ADA (50% of E3)
She had earned a commission of Rs 92494/- in FY16-17.
Furthermore, Are ' Details of Receipt as mentioned Form 26AS' & 'Total amount Paid/ Credited' same under 'Schedule TDS2' ?
Please guide me so that I can fill the IT return on or before due date.
Thank you in advance for your kind support extended to the undersigned
In my understanding I can fill income from LIC agency under 44ADA. If correct, what are the details I have to fill against
E3. Gross Receipts &
E4. Presumptive Income under section 44ADA (50% of E3)
She had earned a commission of Rs 92494/- in FY16-17.
Furthermore, Are ' Details of Receipt as mentioned Form 26AS' & 'Total amount Paid/ Credited' same under 'Schedule TDS2' ?
Please guide me so that I can fill the IT return on or before due date.
Thank you in advance for your kind support extended to the undersigned
22 June 2017
Presumptive Income under section 44ADA not applicable to you file ITR 3. Yes amount received should match 'Schedule TDS2' .
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Guest
Guest
(Querist)
22 June 2017
I have options to fill either ITR1 or ITR4. How can I fill ITR3?
22 June 2017
Fill ITR 1 .......................
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