assessee has commission business .his income from commission for FY 2017-18 is Rs 450000/- (aprox) also insentive is of Rs 250000/- total income is near about 700000/- his saving during the year is 60000/-. TDS has been deducted by deductor.
1. which ITR is tobe file for AY 2018-19.
2. How much percentage of total income can he claim as expenses.
3. Can he have to do more saving upto march 18 to minimise his tax liability.
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commission income taxability
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1. ITR 3 or its equivalent for AY 2018-19.
2. As per actual expenditure with supporting evidence........ (generally around 50:50)
3. Yes, investment eligible for 80C deduction ,,,,,,,etc........
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