Hi,
Person earning commission through collection of loan amount. Which ITR form is applicable.
How can his expenses included in filing.
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Which ITR FORM
Replies (4)
ITR 3 as this is a business income not eligible under section 44AD/44ADA..
Use ITR 3...Work out the profits (income - exp) and offer it for tax purpose
Is there is any problem in filing in ITR 2, in other sources of income.
It should not be an issue..... In that case u can claim expenses as per section 57
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