Itr form
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
30 July 2011
pls, tell me which form is appropirate to fill for income generated thorugh Network Marketing.
CA Ashwani Agarwal
(Expert)
30 July 2011
If the income is a low amount then you can show the same as INCOME FROM OTHER SOURCES and fill ITR 2.
If the amount is very much and it contains a lot of transactions then show the same as profit from business and file return u/s 44AD and ITR 4S.
If the amount is very much and it contains a lot of transactions then show the same as profit from business and file return u/s 44AD and ITR 4S.
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