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commission on sale

14 July 2018

sir , if an individual received some amount of money as a commission for selling some products for a company , which is not more than 2.5 lakh yearly or below that , but the company detected TDS u/s 194H on that commission given to that person ... that i want to know which ITR form should i file because the individual doesn't so any business he just received the money as commission ?? and under which hear should I file the return ???

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8 Replies

Jatin (Accountant) (3479 Points)
Replied 14 July 2018

If you want to claim TDS refund, file ITR 3

Ravi Sharma (78 Points)
Replied 14 July 2018

but he doesn't maintain books and under which code .... and where should I so the commission??

Jatin (Accountant) (3479 Points)
Replied 14 July 2018

you can't file ITR under presumptive scheme

You should maintain books of accounts & file ITR 3

Ravi Sharma (78 Points)
Replied 14 July 2018

sir ,what is the limit for maintaining books of accounts as my client having the income below 2.5 lakh

Jatin (Accountant) (3479 Points)
Replied 14 July 2018

If your income below BEL, you are not required to maintain books of accounts

Ravi Sharma (78 Points)
Replied 14 July 2018

so should I file itr 2 and take the income in other source or should I file itr 3 and put income under not maintenance of accounts section in itr 3 ?? please suggest me