Itr
This query is : Resolved
08 July 2015
Hello,
My brother has TDS u/s 194H for half year and then after TDS u/s 192B, so, which ITR is applicable for the same? and whether there is any change if no TDS u/s 192B?
My brother has TDS u/s 194H for half year and then after TDS u/s 192B, so, which ITR is applicable for the same? and whether there is any change if no TDS u/s 192B?
08 July 2015
he needs to file itr4 and disclose salary income and commission income.
08 July 2015
TDS u/s -194 is deducted from Commission Income. And Commission is treated as business income, and for business income an individual must file ITR-4.
TDS u/s -192B is deducted from Salary Income. And since he has both salary income and commission income hence he must file ITR-4.
TDS u/s -192B is deducted from Salary Income. And since he has both salary income and commission income hence he must file ITR-4.
08 July 2015
YOU HAVE TO USE ITR-4 FOR ABOVE INCOME.
09 July 2015
earners of commision income are barred from invoking use of sec 44AD and ITR 4S
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
- CLOSING STOCK QUERY
- ITR-Capital Gain
- Taxation on Old jewellery sold
- Reporting in TDS return
- Can a single LLP in India legally operate multiple unrelated businesses (Travel, Cloud Kitchen, Ecom
- F&O reporting in ITR
- Loss of interest in PF transfer from EPFO to Trust
- Sale of Mutual Funds In Diffirent Financial Years
- CASH GIFT FROM BLOOD RELATIVE
- TDS offline utility
- PF wage ceiling
- 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
