ITR 3 or Itr4

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sir , my income is related to profession and i m receiving commission also, and not maintaining books of ACCOUNTS, ca n i file itr4,
my receipt is 1600000 from profession and 130000 as a commission
Replies (5)

Being commission income, you cannot file ITR 4; you have to file ITR 3 only.

but books of ACCOUNTS not maintain

Yes, but some expenses as per bank statement need to be deducted; rest commission income offer for assessment. Anyway there is no tax liability.

but i can't show more than 250000 profit and as a professional income i m showing very less profit

But that cannot allow you for ITR 4. You have to file ITR3 only. Must prepare some tentative figures of P&L acc


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