Sir,
Last year F.year.2020-21 a person filed form 3 for incometax filing. His income Commission from sale of motor cycle, and interest income only.
Now can we file with form 4 ?
3 Replies
Eswar Reddy S
(CFO- at NHTF)
(58270 Points)
Replied 21 April 2022
ITR-4 is not applicable for commission income since presumptive taxation has specific exclusion of commission..
Revised return can't be filed since deadline is over
Revised return can't be filed since deadline is over
sabyasachi mukherjee
(27574 Points)
Replied 24 April 2022
Itr form selection on the basis of source of income and quantum of income
Eswar Reddy S
(CFO- at NHTF)
(58270 Points)
Replied 24 April 2022
Present query is about ITR-3 OR ITR-4 and queriest specified the source of income
Recent Topics
- Clarity needed on effective date
- Income Tax Refund Deadline Shortened to Five Years
- Rectification Applications for Past GST Demands
- Where can I find a trusted provider to hire a skip
- GST Invoices Series
- FILING OF ITR AY 20-21
- CLAIMING OF U CLAIMED RCM
- Building construction works
- REGARDING GSTR-9 F.Y 2023-24
- Rectification to decrease income in SCHEDULE OS
Related Threads
CAclubindia
