My friend who is retailer of selling Idea Sim cards and recharge coupons, have earn commission of Rs 2,48,226 but the deductor deducts TDS Rs 24,825 U/s 194 H. He have no income Except this.
Which ITR form he have to file to get REFUND and is it mandatory for him to maintain Books Of Accounts and what are the relevant columns he have to fill in the ITRform.
since your receipts are less than Rs 10 lakhs, you will be required to maintain books if your income is more than Rs 1.2 lakhs. So whether or not you are required to maintain books will depend on your income.