Ankit kumar (245 Points)
08 June 2019
Antrika Sinha
(student)
(315 Points)
Replied 08 June 2019
Being commission income, you cannot file ITR 4; you have to file ITR 3 only.
Antrika Sinha
(student)
(315 Points)
Replied 08 June 2019
Yes, but some expenses as per bank statement need to be deducted; rest commission income offer for assessment. Anyway there is no tax liability.
Ankit kumar
(245 Points)
Replied 08 June 2019
Antrika Sinha
(student)
(315 Points)
Replied 08 June 2019
But that cannot allow you for ITR 4. You have to file ITR3 only. Must prepare some tentative figures of P&L acc
CAclubindia
