Which ITR to be filed


This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
05 April 2011 Chakrapani Sir

If an individual is a salaried person and he does the general insurance agency work nad he does get rhe commission. My question is can he file the ITR 2 showing the commission income as Income from other sources or should it be in ITR 4 considering the commission as business income .
Please throw some light on it.

Thanks

05 April 2011 he can file either itr-2 of itr4

if he file itr -2, then he also calim the expenses under the head income from other source

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
05 April 2011 Sir i want to know then whether the individual having salary income and commission income (claiming expenses)should file ITR 4
and commission income without claiming expenses should he file ITR 2.

Please kindly expain in detail.
I will be thankful and greatful to you.

05 April 2011 U CAN ALSO CLAIM THE EXPENSES IN ITR-2

IF COMMISSION AMT IS MUCH THEN FILE ITR -4

05 April 2011 Dear
show your Net commission income as Income from Other Sources and file ITR 2


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
05 October 2026
Senior Accountant

Vision IT Peripherals Pvt Ltd

Mumbai

B.Com

View Details
Company
ARTICLESHIP 17 October 2026
Articled Assistant

RRPM & Associates LLP

Chennai

CA Inter

View Details
Company
08 October 2026
SALES TELECALLER

HIRE NOVA

Lucknow

Graduate (Any)

View Details
Company
15 October 2026
Senior Accountant

Continental Belting Pvt Ltd

Mumbai

B.Com

View Details
Company
10 October 2026
Accounts Associate Level 1

Abic and Mani Chartered Accountants

Kottayam

B.Com

View Details
Company
30 September 2026
Senior Accounts Executive

Codeboard Technology

Chennai

MBA

View Details
Company
ARTICLESHIP 07 October 2026
Article assistant

S.K.Bajpai & Co.

Noida

B.Com

View Details
Company
12 October 2026
Finance

I-Genext Consulting Private Limited

New Delhi

CA

View Details