Which itr form is applicable

Hello,

My wife got a commission from a Financial Institution for providing a client who required a loan.

Also, my wife has an interest income from FD.

 

For the above two types of Income which ITR should I go with for her (AY 2019-20)?

Is ITR3 applicable to her?

Replies (5)
ITR1 if such commission income is not a part of her business
If it's business then ITR3
ITR2 would be sufficient for these incomes

Dear Sir,

This Is a Commision Business and Thefore ITR -3 is applicable.

as Commision Agent.

and Fixed deposit  income should be shown in Income from Other Source.

If My Contention is wrong please clerify Me.

She is a housewife and not a business woman. But she luckily got a client and earned a commission.

 her total income (including bank interest income) does not exceed 1.25 lac.

So in that case ITR 1 or ITR 2 ?

It is irrespective whether the person business woman or not, if you receive any commission from Banking company and TDS gets deducted on it, this will become Business Income, You need to file ITR 3.

The fact that your wife should have signed an agreement for connector/DSA/BSA with the bank creates a business obligation.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
08 September 2026
Audit Executive

Thammana & Associates

Srikakulam

B.Com

View Details
Company
24 August 2026
Semi-Qualified CA/CA Finalist - Tax, GST, Audit & Accounts

Bharat Shah & Associates

Mumbai

CA Inter

View Details
Company
09 September 2026
Semi Qualified CA / CA Inter - 2 Groups Cleared

Getmyca Consultant Pvt Ltd

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 04 September 2026
Accounts Executive

Hema Yashwanth & Associates

Chennai

B.Com

View Details
Company
ARTICLESHIP 18 September 2026
Industrial Trainee

Twenty Point Nine Five Ventures Private Limited

Noida

CA Inter

View Details
Company
19 September 2026
Finance Manager

Mugdha Art Studio

Hyderabad

CA

View Details
Company
ARTICLESHIP 29 August 2026
Article Assistant

RRPM & ASSOCIATES LLP

Chennai

CA Inter

View Details
Company
Featured 11 September 2026
Audit Executive

RBSM Corporate Advisors Private Limited

Pune

CA

View Details