Itr 4

Commission agent's return has to be filed in form 4. Form 4S cannot be used.

Books of accounts need not be maintained by a person filing returns using form 4S as the business profits are estimated on presumptive basis.

A commission agent has to maintain accounts if his turnover exceeds Rs 10L or income excessds 1.2L in any of the 3 preceeding years.

CAN AGENT FILE HIS INCOME UNDER FORM 4( IN ACCOUNT CASE SECTION)? IS IT LEGIBLE? IF INCOME EXCEED RS 1.2LACS