Comission/brokerage income

ITR 664 views 2 replies

Dear Friends,

My income is from brokerage after deducting the TDS. Kindly clear my below mentioned points. 

1. Is it necessary to file a return as the income does not exceed the Taxable Limit ?

2. If so, Which form should be used?

3. Can i claim for refund, the tax which has been already deducted?

Note: - (No other income, Having Form 16A, Annual Brokerage income is Rs 120000)

Kindly assist friends

Replies (2)
if you want to claim refund, file return under form ITR 4 or ITR 4S and claim refund,

You must file your return to get the refund. And don't forget to go through your 26AS before filing your return.


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