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.
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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.
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