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Querist : Anonymous

Querist : Anonymous (Querist)

13 September 2013 TOTAL INCOME DURING THE YEAR FROM BROKERAGE
COMMISION RS. 340000+20000=360000.00
LESS TDS AMOUNT = 34000.00
ACTUAL INCOME = 3,26,000.00
QUESTION:-
1.HOW TO FILE THIS INCOME THROUGH ITR 4S ?
2.BL & PL ARE REQUIRED FOR THIS ?
3.OTHERS BANK TRANSACTION LIKE CASH DEPOSIT/WITHDRAWN,PAYMENT TO OTHERS FOR PERSONAL USE ARE REFLECTED IN BL & PL ?
4.HOW CAN I REFUND MY TDS AMOUNT ?

PLS SUGGEST

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)

13 September 2013 As per finance act 2012 it ammended sec 44AD and income from brokergae is not elgible for using sec 44AD and hence you cannot file ITR-4S.

u need to file itr-4 it contains all such details.

Querist : Anonymous

Querist : Anonymous (Querist)

13 September 2013 HOW TO SHOW BANK A/C TRANSACTION FOR PERSONAL USE N BUSINESS INCOME

Querist : Anonymous

Querist : Anonymous (Querist)

13 September 2013 THIS INCOME IS LIABLE TO MAINTAIN A/C U/S 44AA

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)

13 September 2013 you need to prepare profit and loss a/c and bal sheet and fill up in itr-4.
all bank transaction n income will be reflected in it and if your gross income is more 1,20,000 then u need to maintain books of a/c as per sec 44AA.

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