Easy Office

Salary & commission income

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
02 October 2014 DEAR SIR,

I HAVE TWO SOURS OF INCOME SALARY AND COMMISSION. COMMISSION INCOME GRATER THAN SALARY. SO PLEASE TELL ME HOW TO PREPARED INCOME TAX RETURN ITR-1, ITR2 AND OTHER.

PLEASE HELP ME FILE INCOME TAX RETRUN.

THANKS

NITIN SHARMA
Profile Image

CA Tejas Mistry

Profile Image

CA Tejas Mistry (Expert)
02 October 2014 You have to file ITR - 2 as you have commission income ( Income From Other Source)
Profile Image

Nikhil Kaushik online

Profile Image

Nikhil Kaushik online (Expert)
02 October 2014 Dear Tejas,

You need to exclude commission income from "business/profession" for it to be included in "other incomes". there is no presumption of it to be included in other incomes.



Profile Image

CS,CA F,Numrologi TusharSampat

Profile Image

CS,CA F,Numrologi TusharSampat (Expert)
06 October 2014 no, u need to file itr4 in case commission is taken as business income.

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

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


Easy Office

Trending Online Classes

view all classess
CCI Pro


Answer Query



Quick Links