Sir A person is a real estate broker
How is his income taxable
mostly he won't register assets on his name
most of the time he receives only commission for transaction
should we consider this as business income or IFOS if so should we prepare p n l for it.
which itr to select.
status individual
thanks in advance
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ITR FORM FOR REAL ESTATE BROKER
Replies (3)
Declare brokerage income u/h PGBP, & file ITR 3 with business BS & P&L accts.
how much profit declare in itr -3 - 6% or 8% profit declare can be show without u/h 44ad
i can't be want audit. then commission income can be file without audit itr -3 file.
how much profit declare -?????????
how much profit declare in itr -3 - 6% or 8% profit declare can be show without u/h 44ad
i can't be want audit. then commission income can be file without audit itr -3 file.
how much profit declare -?????????
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