Relating To 194H Income

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This discussion addresses how to file an Income Tax Return (ITR) for income received under Section 194H, specifically recharge commission. Professionals are advised that while it might seem possible to declare this income under 'Other Sources' in ITR 2 or use ITR 4 if there's no business income, the consensus leans towards filing ITR 3. This is particularly true if other business income exists, even if you wish to declare it under Section 44AD, as the recharge commission itself may preclude the use of Section 44AD.

suryadipsinh mori

suryadipsinh mori (Querist)
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09 June 2023 Helo professionals,
Income from 194H (Recharge Commission) Is 9,000
I still need to file ITR 3 Or I can File ITR 4 And declare in Other sources income ?

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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09 June 2023 If you do not have any PGBP income other the recharge commission, you may declare it under IFOS in ITR 2.
But advisable to declare it in ITR 3 under no account case.

suryadipsinh mori

suryadipsinh mori (Querist)
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09 June 2023 Have other mobile sales and printing and zerox income but want to declare in 44ad
Only this commision income is 9000

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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09 June 2023 In that case, you cannot adopt sec. 44AD IT act. Better file ITR3.

suryadipsinh mori

suryadipsinh mori (Querist)
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09 June 2023 Ok thank you sir for help

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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09 June 2023 You are welcome.