Itr
This query is : Resolved
08 July 2015
Hello,
My brother has TDS u/s 194H for half year and then after TDS u/s 192B, so, which ITR is applicable for the same? and whether there is any change if no TDS u/s 192B?
My brother has TDS u/s 194H for half year and then after TDS u/s 192B, so, which ITR is applicable for the same? and whether there is any change if no TDS u/s 192B?
08 July 2015
he needs to file itr4 and disclose salary income and commission income.
08 July 2015
TDS u/s -194 is deducted from Commission Income. And Commission is treated as business income, and for business income an individual must file ITR-4.
TDS u/s -192B is deducted from Salary Income. And since he has both salary income and commission income hence he must file ITR-4.
TDS u/s -192B is deducted from Salary Income. And since he has both salary income and commission income hence he must file ITR-4.
08 July 2015
YOU HAVE TO USE ITR-4 FOR ABOVE INCOME.
09 July 2015
earners of commision income are barred from invoking use of sec 44AD and ITR 4S
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