Hi,
Please tell me which ITR to be used if someone have income (bonus and commissions) from a Direct selling company or a Network marketing company.
Thanks
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ITR form for Direct selling income
Replies (7)
itr 1 for total income up to fifty lac
Thanks for reply
ITR 3 or ITR 4 is applicable.
Is this is called up any category of business income?
ITR 3 or ITR 4 is applicable based on whether you are going to file a Financial statement or not
Yes... You can declare it's business incomes. Direct Selling like under Trading category... Both of the other will be accounted Indirect Incomes...
May be You will explain Your actual Selling details then You can get exact Solution from our CCI Experts...
GOOD LUCK...
May be You will explain Your actual Selling details then You can get exact Solution from our CCI Experts...
GOOD LUCK...
With all due respect, I dont think you can classify as trading income. I think It can be classified as income from other sources as commission on sales.
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