Which ITR should be used for AY 2020-21

173 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


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register