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
Featured 29 October 2026
Accounts Executive

Synergy Keystone

Chennai

B.Com

View Details
Company
14 October 2026
GST & TDS ASSISTANT

AGGARWAL SANJAY & ASSOCIATES

New Delhi

B.Com

View Details
Company
21 October 2026
CA INTER/ BCOM WITH EXPERIENCE

CA S KUMAR GUPTA & CO

Amritsar

CA Inter

View Details
Company
Featured ARTICLESHIP 31 October 2026
CA Articleship

apricus india

Navi Mumbai

CA Inter

View Details
Company
15 October 2026
Senior Accountant

Continental Belting Pvt Ltd

Mumbai

B.Com

View Details
Company
ARTICLESHIP 17 October 2026
Articled Assistant

RRPM & Associates LLP

Chennai

CA Inter

View Details
Company
14 October 2026
Accountant

Rize.farm

Bengaluru

B.Com

View Details
Company
02 November 2026
Audit Executive

SRJP & Co LLP

Kochi

CA Inter

View Details