About income tax form for sec 194d

This query is : Resolved

Kailas Mate (Querist)
Follow

07 June 2014 Which form to be used for file return. When TDS is deducting under 194D(Insurance Commission)

CMA. CS. Sanjay Gupta (Expert)
Follow

07 June 2014 Form 26Q need ti be filed.

Rupesh Jain (Expert)
Follow

07 June 2014 tds return will file in form 26Q .

Kailas Mate (Querist)
Follow

07 June 2014 No I mean Income tax Return Not TDS Return

CMA. CS. Sanjay Gupta (Expert)
Follow

07 June 2014 ITR4 needs to be filed.

CS,CA F,Numrologi TusharSampat (Expert)
Follow

07 June 2014 commision earned is business income so file ITR 4 only.

Kailas Mate (Querist)
Follow

07 June 2014 But if he is agent of insurance co. So that case hot to prepare. Tell me in details

CS,CA F,Numrologi TusharSampat (Expert)
Follow

07 June 2014 agent is also earning commission income which is income from bbusiness.

Kailas Mate (Querist)
Follow

08 June 2014 is ITR 2 applicable in that case

CMA. CS. Sanjay Gupta (Expert)
Follow

08 June 2014 Since TDS has been deducted u/s 194D and not 192 you have to file return in ITR4.

Message likes : 1 times

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now