banner_ad

WHICH ITR APPLICABLE

205 views 7 replies
My friend given consultancy for getting loan from bank for various types of business person.
In last year AY 2018-19 he has filed ITR-4 U/S 44 AD.
My question is whether sec 44AD applicable or 44ADA ???
He has received commission/brokerage from Bank and some time also from client.
Replies (7)
you can file ITR 3
but if I want to go with presumptive basis then which one 44AD or 44ADA. ???
No, you can't file ITR u/s 44AD or 44ADA (Commission income not covered)
44AD is not applicable for commission or brokerage income.

you can file ITR1 and show it under the column income from other source but in ITR1 you can not claim expense or you can file ITR3 and can claim expense.


see the 26AS first in which section TDS has been deducted.
No, you can't file ITR under section 44AD
what is the nature of business??
good clarification and information


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details