Menu
estate agents
which ITR should be filled for estate agents and can they claim profit under 44AD
Replies (3)
What is the activity of these agents???
If these agents are general commission agents carrying on agency business they can not opt for 44 AD
These agents are required to submit return in ITR 3.
he earning commission on buying and selling flat
Either he can file ITR-1 - commission income to be shown under income from other sources.
OR
ITR-3-If he is maintaining books of accounts and vouchers and profit after claiming expenses for earning commission income can be shown as his business income under business code " 09005 "
Recent Topics :
- Report in GSTR 1 ( Credit Note ) for Wrong GST Rat
- Reply of summons issued under section 70 of the cg
- How to Bulk GSTIN Number Verify and Validation
- OPC Annual Filing Defaults – Need Guidance t
- OPC Annual Filing Defaults – Need Guidance t
- FCGPR of a past period
- Discuss and Download CA Final Question Paper Nov 2
- Does Parag gupta's booster batch good for CA Inter
- Police Bandobost and GST Invoice
- Understanding where manual effort goes in audit wo
Related Topics :
CAclubindia
