Itr related

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Querist : Anonymous

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Querist : Anonymous (Querist)
16 August 2013 If TDS deducted u/s 194H, which return has to be filed whether ITR 4 or ITR 1 ?

16 August 2013 Since Section 194H accounts for TDS on Proffesional services. Therefore ITR IV is be filled.

16 August 2013 If there is no other income than ITR 1 and if there is some business income than ITR 4


16 August 2013 Section 194H is for TDS on commission. Commission is taxable as business income. Accordingly you will have to file ITR 4.

Note: You are NOT eligible for benefit of Section 44AD since Section 44AD DOES NOT apply to commission income.



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