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Querist : Anonymous

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Querist : Anonymous (Querist)
06 January 2016 If any person received Commission form property sale and commission amount exceeding one crore Rs. , Which form he should file his return ?? form ITR 4 and ITR 4S. If Commission amount is less than 1 Crore , whether he can file his return in form ITR 4S ??
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Ankur Singhal

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Ankur Singhal (Expert)
06 January 2016 Dear
You need to file ITR 4 even if the commission is less than 1cr.
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Querist : Anonymous

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Querist : Anonymous (Querist)
06 January 2016 Thanks Sir, So, Commission is required to prepare books of accounts.
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Ankur Singhal

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Ankur Singhal (Expert)
06 January 2016 Dear
maintain books of accounts.

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