Which return should i file??
This query is : Open
25 July 2017
With Greeting,
Manisha this side I want to file Income Tax return of my client, he work for HERBALIFE & earn commission from there under Sec-194H. He want me to file his return and I am confused which return should I file - ITR1 or ITR4.
Please guide me which return should I file.
Thank You
Manisha this side I want to file Income Tax return of my client, he work for HERBALIFE & earn commission from there under Sec-194H. He want me to file his return and I am confused which return should I file - ITR1 or ITR4.
Please guide me which return should I file.
Thank You
CA Rashmi Gandhi
(Expert)
25 July 2017
ITR-4............
25 July 2017
Someone told me to file ITR-1 and commission income to be entered in - Income from other sources...
Studentsca
(Expert)
25 July 2017
If commission income is main business income then file ITR-3.
However if it is side income then file ITR-1 and show it as other income.
However if it is side income then file ITR-1 and show it as other income.
Message likes :
1 times
02 August 2017
Depending on the nature i.e., if it is full fledge income and also expenses to be claimed, it is better to file ITR 3
02 August 2017
Yes. I agreed to Meenu.,
He/she claim expenses if file ITR 3. If file ITR 1 then claim expenses.
So, ITR 3 is recommended.....
CA Rashmi Gandhi
(Expert)
02 August 2017
You have to filed ITR-3 as ITR-4 not available for commission income.
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
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Tax on Amount transferred in HUF Account
- Nursery business
- GST input credit on commercial property
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- TDS on Dashcam rent and allied services
- Working on Gold wastage during Melting of old gold jewellery
- Capital gains in IT returns
- HOW TO ADJUST CREDIT NOTE AMOUNT ?
- Advances to related party
- Subject: Legal Remedy for Removal of Income Tax Demand for AY 2024–25 – Charitable Trust
- 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
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
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
