Request for answer

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
27 October 2013 My commission/brokerage incomes are Rs. 35,94,500. Is it require audit or not?

27 October 2013 audit not required. However, books or accounts need to be maintained as per 44AA.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
27 October 2013 Which ITR I have to e-file, If it is not require audit. ITR4 or ITR4s?

27 October 2013 No tax audit required.
.
.
however tax audit 44AB required if turnover exceeds 1 crore

.
.
AS COMMISSION INCOME IS TAXABLE UNDER BUSINESS INCOME
.
.
ITR4 WILL BE APPLICABLE

27 October 2013 you need to file ITR4. ITR4S is for presumptive income. Since you are earning commission income, it is not applicable to you.

27 October 2013 ITR4S not applicable for you..
ITR4 is right choice...


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro

Follow us
add to google news


Answer Query



Company
ARTICLESHIP 24 June 2026
CA Article Trainee

Rahul Dang & Associates

Pune

CA Inter

View Details
Company
24 June 2026
Chartered Accountant

CA Darshita Shah & Co

Nadiad

CA

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
22 June 2026
Finance Manager- Chartered Accountant

Triveni Turbine Limited

Bengaluru

CA

View Details
Company
24 June 2026
Senior Account (VA Client Operations)

Karbon Business

Bengaluru

CA Inter

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
ARTICLESHIP 18 June 2026
Article Assistance

RB KESHRI & CO.

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 27 June 2026
CA Articled Trainee And Paid Assistant

SKAA & Associates

New Delhi

CA Inter

View Details