Which ITR should be used for AY 2020-21

255 views 5 replies
A person received money of Rs 51828 from pvt. ltd under section 194H in 26AS.
and also received Rs. 11322 from pvt ltd. under section 194C in 26AS.

which ITR should use. ITR3 or ITR4.

if he file ITR4 and show his income 11322 under 44ad and 51828 in other source is it be ok?? or file ITR3.
Replies (5)
ITR 3 is applicable for the said incomes...
ITR4 is suitable in this case.
@ vijay prakash is it ok?
TDS u/s 194H - Brokerage and Commission income can't be compute as presumptive taxation scheme through ITR 4
As you have brokerage income and earning contract value , if it's your business then you should go with ITR 3
otherwise you can file ITR1/2 also

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 09 June 2026
Article Trainee

Numbertree LLP

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 24 June 2026
ARTICLE ASSISTANT

BHUPINDER SHAH AND COMPANY

New Delhi

CA Inter

View Details
Company
Featured 24 June 2026
HEAD - AUDIT AND TAXATION

A R JADHAV AND ASSOCIATES

Mumbai

CA Inter

View Details
Company
22 June 2026
Finance Manager- Chartered Accountant

Triveni Turbine Limited

Bengaluru

CA

View Details
Company
ARTICLESHIP 30 June 2026
2 posts Article assistant and Articleship completed students

Chirag N Shah & Associates

Mumbai

CA Inter

View Details
Company
25 June 2026
Accounts & Taxation Executive

Dindukurthy & Associates

Hyderabad

MBA

View Details
Company
ARTICLESHIP 28 June 2026
Article Assistant

Sharma Chetan And Company

Gurgaon

CA Inter

View Details
Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details