Which ITR to be filed for a person having income from insurance commission ??
He also has any other business and his main income is from that business and he earns only 8000 from insurance commission.
So whether he should file ITR-3 or ITR-4 ?
ITR is not filed just for insurance income, but for income from all the five heads.
Based on your major business income, better to file ITR3.
How much is commission income?
Any TDS deducted?
Better to file ITR-3
If your business is eligible u/s. 44AD, you can file ITR4.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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