Insurance Agent
karan (student) (54 Points)
28 July 2019He also has any other business and his main income is from that business and he earns only 8000 from insurance commission.
So whether he should file ITR-3 or ITR-4 ?
karan (student) (54 Points)
28 July 2019
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(182130 Points)
Replied 28 July 2019
ITR is not filed just for insurance income, but for income from all the five heads.
Based on your major business income, better to file ITR3.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(182130 Points)
Replied 28 July 2019
How much is commission income?
Any TDS deducted?
karan
(student)
(54 Points)
Replied 28 July 2019
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(182130 Points)
Replied 28 July 2019
If your business is eligible u/s. 44AD, you can file ITR4.
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961