Which ITR Opt

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received income from commission, but I have no business. Which ITR should be opted for?

Replies (3)

From where the commission is received? what amount?

Sir, Income from Fixed Deposit of Rs. 1,06,926, Income from commission (help in selling of products) Rs. 5,29,720, and Income from interest from  Savings account of Rs. 1,525.

Ideally, you should declare this commission under business inxcome by filing ITR 3. But if it is due to Direct selling, you can declare this under 'Schedule OI' under Tab Other (as Facilitation fees). But don't forget to change relevant TDS From BS to OI in Schedule TDS 2.


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