ITR Filing reg

Experts,

1. We are getting the commission income from LIC Housing Finance.

2..It is more than BEL but less than Rs 5 Lakhs.

3. Books of accounts not be maintained during the FY 2020-21.

4. Which form we need to file either ITR 3 or ITR 4.

5. Can i file the returns myself?

6. Or need to approach any CA and need to get their attestation and UDIN.
Replies (3)
Quick Summary
This discussion clarifies which Income Tax Return (ITR) form to use when receiving commission income, specifically addressing the distinction between ITR 3 and ITR 4. It confirms that ITR 3 is generally required for commission income, even if books of accounts weren't maintained. The advice also touches upon whether an individual can file their return independently or if professional assistance from a CA is recommended.

ITR-3 is applicable..ITR-4 can't be used for commission income.

You can do your self
It depends on the quantum of income as a whole.
If there is business income and it is commission then quantum doesn't matter.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 03 October 2026
Accountant

A P Lodha and Associates

Jalna

B.Com

View Details
Company
ARTICLESHIP 22 October 2026
Articleship intern

Srinath Manikanta

Hyderabad

CA Inter

View Details
Company
ARTICLESHIP 07 October 2026
Article assistant

S.K.Bajpai & Co.

Noida

B.Com

View Details
Company
14 October 2026
Asst. Manager/Dy Manager (Costing)

manufacturing

Pune

CMA

View Details
Company
ARTICLESHIP 07 October 2026
Article Trainee/ CMA Trainee

RMA And Associates LLP

New Delhi

CA Inter

View Details
Company
19 October 2026
Accountants/Articles (Freshers/Experienced)

ADY & CO.

New Delhi

Graduate (Any)

View Details
Company
ARTICLESHIP 23 October 2026
Articled Trainee

J Y & CO

Hyderabad

CA Inter

View Details
Company
15 October 2026
Senior Accountant

Continental Belting Pvt Ltd

Mumbai

B.Com

View Details