Return for loan
This query is : Resolved
03 August 2013
Dear Members,
My client is a car broker. He receives commission as a broker. He wants to take a loan to expand his business and came to me for ITR.
I have to file his income tax return. Now how should i file the return as it will be appropriate for loan.
He does not maintain any papers and records of the book.
Which form should i select??
Thanks & Regards
My client is a car broker. He receives commission as a broker. He wants to take a loan to expand his business and came to me for ITR.
I have to file his income tax return. Now how should i file the return as it will be appropriate for loan.
He does not maintain any papers and records of the book.
Which form should i select??
Thanks & Regards
03 August 2013
Since he is receiving brokerage it is considered as income from profesion.
U should file ITR-4.
U should file ITR-4.
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