Itr

This query is : Resolved 

07 July 2015 can i file ITR 2 Or 4S for commisssion income in A.Y.2015-2016???

07 July 2015 no and no....use ITR-4.....

08 July 2015 sec 44AD bars the commision eraners to use itr 4s


08 July 2015 Tushar, legally speaking..44aD just bars use of section 44AD for commission income. it doesn't bar use of ITR4S per say..as it can be used for other sections also such as 44AE. The usage of form is decided by Rule 12 and not by the act.

but as I said, only legally speaking.. the net effect remains the same

08 July 2015 yes agreed with u but to make person who are not well versed with legal language to simplfy it i mentioned in net effect manner.



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