RAJ KUMAR (FINANCE MANAGER) (1393 Points)
18 June 2011HELLO FRIENDS, PLS. TELL ME IF A PERSON RECEIVES THE COMMISION OF50,000 AND HIS TDS IS DEDUCTED 5,000 BUT HE ALSO DOES THE PROPERT WORK FROM THAT HE EARNS1,00,000 APPRO. YEARLY
NOW HE WANTS TO TAKE REFUND
CAN HE FILE ITR-4 IN THAT WHICH COLUMNS ARE TO FILL OUT.
NO ACCOUNT CASE DETAILS CAN I SHOW ONLY PROPRTY INCOME OR WHETHER PROPERTY INCOME PLUS INSURANCE COMMISION ALSO.
PLS. HELP ME.
RAJ KUMAR
(FINANCE MANAGER)
(1393 Points)
Replied 18 June 2011
IN NO ACCOUNT COLUMNS CAN I WRITE THE WHOLE AMOUNT AS A PROFIT RS. 1,50,000 INCLUDING THE COMMISSION.
kanagaraj
(CHARTERED ACCOUNTANT)
(793 Points)
Replied 18 June 2011
If no account is maintained you have to file ITR 4S. you may show commission income and property incomes seperately.
PF & ESI Course - Labour Code 2019 Along with Examples and Case Studies
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