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Commision under 194c

Ashish (Chartered accountant) (183 Points)

26 September 2020

If commission received under 194C is Rs 1200 only, u/s 194J is Rs 70 and rest income is from salary then which ITR to be filled ?

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9 Replies

Pratik Surve (Assistant Professor ) (571 Points)
Replied 26 September 2020

ITR 3 have to be filled

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Sagar Patel (Tax and Business Consultant) (11611 Points)
Replied 27 September 2020

ITR 1 required to be filed. You can show both Rs. 1200 and Rs. 70 as Income from other source.

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Ashish (Chartered accountant) (183 Points)
Replied 27 September 2020

So can i file ITR 1 for the same ?

Sagar Patel (Tax and Business Consultant) (11611 Points)
Replied 27 September 2020

Yes, of course.....

Ashish (Chartered accountant) (183 Points)
Replied 27 September 2020

Ok sir, just want to clear tht, some said, if u earn comission income, then it is compulsion to ITR 3

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Sagar Patel (Tax and Business Consultant) (11611 Points)
Replied 27 September 2020

If you earn Commission income, which is material in nature (i.e in amount) and it's regular i.e (to be earned in future years also) like business income than its considered as business income, and you have to file ITR 3 for business income of Commission.

if it's not as per above criteria than you can consider that income as income from other sources and file ITR 1

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