Commission Agent (Stock Broking) ITR Applicability Itr 3 or for 4
Is mandatory to maintain book of records
Please Clarify...
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Quick Summary
This discussion clarifies the Income Tax Return (ITR) applicability for commission agents, specifically within the stockbroking industry. The consensus among participants is that ITR 3 is the correct form to file. It also touches upon the mandatory requirement of maintaining books of records for such agents.