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Taxability of commission

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Querist : Anonymous

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Querist : Anonymous (Querist)
19 November 2014 Hi Experts,

I have Income received from the Commission on the share Trading Business as i have the Franchise,

Can i claim the benefit under section 44AD and declare at 8% or else i have to file the Normal ITR 4
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TKKKKKK

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TKKKKKK (Expert)
20 November 2014 File ITR 4 as you can not file return u/s 44AD with commission income.
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
20 November 2014 correctly said as sec 44AD is not applicable for those having income from business of commisioning.
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