Commission income

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Guys, there is a proprietary concern that raises idea mobile bills. It is a franchisee of Idea. For that it earns commission. How this should be taxed and in which ITR form?

Replies (5)

go for itr 3

match your inocme with 26 as 

 

ITR 4 cannot be used for commission income. Instead use ITR 3
yes correct

Are there any standard deductions available to it?

no such deduction


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