I have 5 lakh income on commission. Which ITR application. ITR 1 or ITR 3 ?
No other income...
If wish to deduct expenditure over the commission income, go for ITR 3.
Otherwise ITR 1 may be opted.
4 Replies
ARVIND JHA
(ACCOUNTANT EXCUTIVE)
(140 Points)
Replied 24 August 2019
ITR 3 IF UR COMMISSION INCOME IS A MAIN INCOME.
Kapadia Pravin
(17259 Points)
Replied 24 August 2019
File ITR 3 only. ITR 1 is not applicable since you have commission income. Claim TDS( if any) as per 26AS
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