If your client has received commission under Section 194 D and 194 H exceeding ₹5,00,000, you can indeed claim all related expenditures incurred to earn that commission. The appropriate Income Tax Return (ITR) form to file in this scenario is ITR 3.
25 September 2021
MY CLIENT RECEIVED COMMISSION UNDER THE SECTION 194 D & 194 H. THE RECEIVED COMMISSION IS MORE THAN 5,00,000. CAN I CLAIM EXPENDITURE IN ITR. WHICH ITR SHOULD I FILE?