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



Answer Query



Company
07 August 2026
Chartered Accountant

Devesh Garg and co

New Delhi

CA

View Details
Company
ARTICLESHIP 26 August 2026
CA Article Assistant/CA Drop Out/Accounts Executive

PARV & Co.

New Delhi

CA Inter

View Details
Company
12 August 2026
Deputy Manager - Finance

RoamPrime Technologies Private Limited

Bengaluru

CA

View Details
Company
Featured 19 August 2026
Chartered Accountant

apricus india

Pune

CA

View Details
Company
ARTICLESHIP 01 September 2026
Articles

Saini Pati Shah & Co LLP, Chartered Accountants

Mumbai

CA Foundation

View Details
Company
11 August 2026
COMPLIANCE EXECUTIVE

YMW COMPLIANCE SERVICES LLP

Others

CA Final

View Details
Company
ARTICLESHIP 29 August 2026
Article Assistant

RRPM & ASSOCIATES LLP

Chennai

CA Inter

View Details
Company
14 August 2026
Semi Qualified

Goyanka & Associates

New Delhi

CA Inter

View Details