prasanth (ipcc) 19 June 2021

Whether presumptive taxation is aplicable for 194H

I have 194j and 194h income..
I can show 194j under 44ADA
then what about 194H

44AD/44ADA is not applicable in respect of commission income. If commission is trivial, it may be shown as IFOS in ITR4 I think.

prasanth (ipcc) 19 June 2021

Nearly 8 lacs is there, if I show it as other income. then I wanna claim less tds

8 lacs is not trivial. ITR3 is the only option in this case I think.

prasanth (ipcc) 19 June 2021

Thank u poornima gaaru

Sourav (Student) 20 June 2021

File ITR 3 for commission income

veerendar singh (tax consultant) 20 June 2021

Commission income cannot be computed under 44ad