INCOME TAX RETURN

This query is : Resolved 

10 November 2010 Which form no. should be use for income from commission.?

10 November 2010 ITr - 4 as it is business income.

10 November 2010 Dear Kumar

You have to ask Yourself whether the income should be taxable under Business / Profession or Income from Other Sources.

The answer depends on facts of the case.

If PGBP then ITR 4 else ITR 1.




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