Dear All kindly help me i got commission from Pvt Company they issued from no 16A , no other source of income my TDS deducted amount is Rs 34000. can i get refund this full amount & which ITR form is suitable for filing?
Menu
Itr 4 or itr1
Replies (5)
ITR-1 is apllicable in your case, if you have no other income other than commission, and you can get the full amount as refund
....
thanks ®ards
Ram Charan
HI Friend
as ou told me you got commission from a private limited company on which tds is deducted you have no other income than file itr no. 2 and shoewincome as income from other sourses and claim refund after tax settlement if any (if income exceed 200000)...
sorry yaar ITR-1 is only interest and family pension,,,,,,,........... Go for ITR-2
if you are showing incoime as other source file ITR 2 or showing as business / profession income file itr 4.. about refund : u can claim expenses against your income .. deduct investment u/c VI .... calculate tax on taxable income and then calculate refund amounnt...
Aashutosh Bhide
is perfectly right. Commission is a Professional income that ITR 4 is applicable.
Recent Topics :
- Query on FLAIR return
- Itr 4 problem
- Capital Gains Mismatch Due to Sale Agreement in FY
- REGARDING NRO INVESTMENT IN SHARES OF DOMESTIC COM
- DTAA benefits
- SUPPLEMENTARY AGREEMENT FOR ADDING A PARTER IN TN
- Part availmement of ITC in case of rejection of su
- Due date for itr 5 no audit with loss for fy 25 26
- Capital Gains Mismatch AIS
- Inward E-way bill from Tally Prime 7.1
Related Topics :
CAclubindia
