Dear All,
Commission Agent (Stock Broking) can adopt sec 44 AD for filling Income Tax Return under presumptive Income. which ITR has to be filled Commission Agents (ITR - 3 or ITR -4).
Please Clarify...
Menu
COMMISSION AGENT - STOCK BROKING
Replies (3)
Section 44 AD of Income Tax act not applicable to commission agent's . so ITR4 not applicable.
Commission and Broking business are outside the purview of section 44AD therefore u can not opt presumptive taxation regime in this case.
Commission and Broking business are outside the purview of section 44AD therefore u can not opt presumptive taxation regime in this case.
Recent Topic
- Form 10E and Salary arrear
- LTCG U/S 54F. Sale of property plus sale of share
- Issue with ITR2 online utility for HUF
- TDS deducted by EPFO under wrong section
- Schedule SI in ITR-2
- What is the easy way to do CA- through foundation
- Schedule FA query for this AY 2026-27
- Business income source for husband and wife
- Set off of LTCL against STCG under section 536(2n)
- Audit Workflow tool
Related Topics
CAclubindia
