For salary and mutual fund brokerage which itr to be filled?

This query is : Resolved

sonia (Querist)
Follow

09 August 2018 For Income from salary and Commssion recd.from mutual fund AMC which ITR to be filled? ITR3 or ITR4? Is it mandatory to prepare balance sheet and P&L and what is the code of mutual fund commission income? As the mutual fund sub broker is freelancing services and have no proper office so how to claim exps. made regarding the business as no bills were saved. How to prepare balance sheet for the same and some payments are made online for such exps. but bills are not maintained, can it be claimed? and tuition fee of dependent son can be claimed in 80C? Please reply its urgent.

RAJA P M

RAJA P M (Expert)
Follow

10 August 2018 File ITR 3 with "No Books of Accounts - Case". Yes... You can claim chapter VI-A and 80C.

Nikhil Kaushik

Nikhil Kaushik (Expert)
Follow

11 August 2018 for brokerage case you cannot file "no books of accounts" case without knowing whether turnover exceeds 44AA limits or not!

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Rajat Khandelwal

efiletax

asmita gupta

Shraddha Pangam

Choudhary

Subscribe Now

For salary and mutual fund brokerage which itr to be filled?

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

Manager- Finance and Compliance

GST CONSULTANT

GST CONSULTANCY

Accountant

CA Final

Article Assistant

Associate CA