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ITR form for Direct selling income

Others 3779 views 7 replies
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
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...

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.


CCI Pro

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