Which itr to fill?
This query is : Open
Querist : Anonymous
Querist :
Anonymous
(Querist)
20 September 2017
I want to ask if there is no salary income for an individual but only income from other sources, then could i file ITR-1 for the same. Total income is within 50 lakhs but different sources like commission & brokerage because i have seen that it could be filed in cleartax website but people are telling me to file itr-2 because itr-1 is only for salaried person. so i want to ask if a person with no salary income can file itr-1 for income from other sources?
CA R SEETHARAMAN
(Expert)
20 September 2017
Person with no salary and income from other sources can file ITR 1.
In your case Commission and brokerage income is not an income from other sources but it is a business income hence ITR 3 has to be filed.
In your case Commission and brokerage income is not an income from other sources but it is a business income hence ITR 3 has to be filed.
Amol S Joglekar
(Expert)
20 September 2017
you can file ITR 3.....
20 September 2017
Yes. In your income also in Commission income. So, you file ITR 3....
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on Amount transferred in HUF Account
- Nursery business
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- TDS on Dashcam rent and allied services
- Working on Gold wastage during Melting of old gold jewellery
- ETDS return q4 25-26
- GST input credit on commercial property
- Intimation under section 245
- Section 269ST applicability for capital introduced by partner to his partnership firm
- GSTR-9C filing
- Royalty payments to the Mining Department for procurement of murum - GST input
- HOW TO ADJUST CREDIT NOTE AMOUNT ?
- Import Order Cancelled.
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
