How can calculate my of total income
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
12 August 2013
SIR MY NAME IS PURASTAM SAHOO. I AM A ONE COMMISSON AGENT(194H) IN SAHARA INDIA COMPANY.MY GROSS INCOME IS 600000(SIX LAKHS) IN THE FY (2012-13) .I WANT TO KNOW WHAT %(PERCENT) CALCULATE THE TOTAL INCOME AND I DO NOT MATAINT IN BOOKS OF ACCOUNT.PLESE SUGEST ME
13 August 2013
Section 44AD is NOT applicable in case of commission income.
Compute your total income by deducting the expenses incurred to earn such income.
Compute your total income in the above manner.
You will have to file ITR 4.
Compute your total income by deducting the expenses incurred to earn such income.
Compute your total income in the above manner.
You will have to file ITR 4.
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
- CAPITAL GAIN REDEVELOPED FLAT
- CLOSING STOCK QUERY
- Requirement under FEMA &RBI
- Gst on travel by air for business purposes
- GST ISD Query on various AMCs
- Taxation on Old jewellery sold
- ITR 44AD SECTION
- Query regarding reporting of exempt foreign remuneration in ITR
- PF wage ceiling
- Error in uploading Form 10BD
- REGARDING ITR FILING QUESTION
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- Goods return by customer
- INWARD REMITTANCE FOREIGN
- CPC and SAC
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
