26 As Income of 90k u/s 194D insurance commission.
Devansh Sharma (94 Points)
25 June 2023
26 As Income of 90k u/s 194D insurance commission. Can we show in other sources in itr 4??
5 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177896 Points)
Replied 25 June 2023
Technically possible; but theoretically debatable.
Devansh Sharma
(94 Points)
Replied 25 June 2023
Then it would be better , i will file itr 3. i guess audit will not be required in this case. And also thanks a lot for your prompt and valuable feedback.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177896 Points)
Replied 25 June 2023
That would be error free. For audit liability total turnover (aggregate for all the businesses) needs to be checked, along with profit margin & opting out of sec. 44AD, if any.
Recent Topics
- NRO Interest - Taxed at source and in Foreign Coun
- Clarity needed on effective date
- Income Tax Refund Deadline Shortened to Five Years
- Rectification Applications for Past GST Demands
- Where can I find a trusted provider to hire a skip
- GST Invoices Series
- FILING OF ITR AY 20-21
- CLAIMING OF U CLAIMED RCM
- Building construction works
- REGARDING GSTR-9 F.Y 2023-24
Related Threads
CAclubindia
