An individual is getting tds U/s 194h, then too she doesn't have any brokerage income...which itr should be filed and is it mandatory to fill p&l and BS...... i think for AY 2017-18 ITR- 3 will b applicable for the above case...
Pls advise......
Thanx
Guest
Guest
(Expert)
19 April 2017
Income from commission is taxable under the head Income from Business or Profession. Accordingly, you will have to file ITR 4
Guest
Guest
(Expert)
19 April 2017
If income exceeds Rs. 1,20,000 the assessee is required to maintain books of accounts.