ITR of person T.d.s Deducted u/s 194h

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Afternoon sir

sir mera ak client h jo motilal oswal ma stock broker agent h our uska broking commission par usa motilal oswal s payout milta h t.d.s kaat k but uski total income 300000 tak hi h aur usa apna tax refund chaiya toh kon shi itr file ki jayagi sir brief m batnaa sir please
Replies (3)

ITR 3 will be suitable because transaction will be counted as his business & He shall get complete deducted TDS as refund if his total income is less than 3,00,000/-.

Thank you sir your reply .

sir can i also fill itr 1 & that income show as income from other sources please suggest me because itr 1 is so easy

ITR 1 is specified for salaried person (Upto 50 Lacs) by Income Tax Department,  Income from other sources is additional part of this form. It would be better that you should file as per rule "ITR 3" otherwise It can be defective in future by Income Tax Department.


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