Income tax return
This query is : Resolved
23 July 2010
which ITR should be filled for
1 commission and salary income together
2 commission and rental income together
1 commission and salary income together
2 commission and rental income together
23 July 2010
SARAL - ii for AY 2010-2011
23 July 2010
IF THE SALARIED PERSON IS RECED COMMISSION, IT MEANS COMMISSION RECD IS SECONDARY INCOME WHICH MAY BE CONSIDERED AS INCOME FROM OTHER SOURCES, WE CAN FILED ITR 2 FOR IT.
IF PERSON IS RECD COMMISSION WITH RENT INCOME. IN THIS CASE IT MAY BE POSSIBLE THAT COMMISSION IS BUSINESS INCOME AGAISNT WHICH WE CAN CLAIM EXPENSES ALSO.
IN THIS CASE ITR 4 WILL BE FILED.
IF PERSON IS RECD COMMISSION WITH RENT INCOME. IN THIS CASE IT MAY BE POSSIBLE THAT COMMISSION IS BUSINESS INCOME AGAISNT WHICH WE CAN CLAIM EXPENSES ALSO.
IN THIS CASE ITR 4 WILL BE FILED.
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