commission received

I want to file income tax return for
A. Y 2018-19
1) what is the code for commission received while filling return
2) which ITR should i file as i have salary, commission received..
Replies (8)

File ITR 3

09005 is code for General commission agents, commodity brokers

file ItR3 code 09005
Commission received is temporary income.
1) Which head will it be recognized, business or professional income in P&L?
2) should i file in itr 3??
3) what should i do if i dont have books record?

Whether any TDS deducted over commission?

What is the commission amount received?

244,000 in year

If no TDS deducted by party, and if its single time transaction, you may file ITR 2 and declare the income under Income from other sources.

Sir, the issue is in A. Y 2018-19 had only salary and commission as my income..
But, in A. Y2019-20 start a new business..
- Is there any issue if i change my ITR from 2 to 3 in next year??

As such no issue....

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