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
- Reopen of assessment proceeding
- TDS on Consultancy- Non DTAA
- Depreciation of fixed assets- coop housing society in mumbai
- EXPORT BILL UNDER LUT FREIGHT CHARGE INCLUED IN INVOICE IT LIABLE TO TAX
- Tax Audit u/s 44AB for Transport Business A proprietorship is engaged in transportation business and
- Management System (IMS)
- FTS Taxable under 115A
- Experts need help
- Gift Received from nonblood relative
- COMMERCIAL INVOICE FOR MATERIAL AND FREIGHT
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
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
