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Contract Basis amount received
A loan recovery agent getting a monthly amount on contract basis is to file WHICH income tax return and IN WHICH head of income ?
Replies (4)
What is the contract? is it commission basis or fixed amount? Any TDS deducted?
TDS deducted and That's fixed amount.
it shud be his business income and ITR 4 shud be filed
he filed his ITR -1 and tds also refunded in his bank account and also income tax processed the itr.
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