If an individual is a salaried person and he does the general insurance agency work nad he does get rhe commission. My question is can he file the ITR 2 showing the commission income as Income from other sources or should it be in ITR 4 considering the commission as business income . Please throw some light on it.
if he file itr -2, then he also calim the expenses under the head income from other source
Querist :
Anonymous
Querist :
Anonymous
(Querist)
05 April 2011
Sir i want to know then whether the individual having salary income and commission income (claiming expenses)should file ITR 4 and commission income without claiming expenses should he file ITR 2.
Please kindly expain in detail. I will be thankful and greatful to you.
CAclubindia
