Multiple income

ITR 140 views 3 replies

I am having PF pension, FD interest, commission out of sale of mutual fund and insurance policy. Which ITR form to be used

Can I get deduction on maintaining office running expenses.

Thanks in advance

 

Replies (3)
In such case, if an individual is earning only from the commission and his total income does not exceed Rs 50 Lakh can use ITR-1 to file the return. But, if his total income exceeds Rs. 50 Lakhs then he will be required to use ITR-2 provided he doesn't have any income from business and profession.

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File ITR 3, with commission income under head PGBP. You can claim office and similar other business expenses.

ITR 1 or ITR 3


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