Hi, friends please let me knows that I am getting the commision from a company against rendering my service, please note I am getting Commision then which ITR form is suitable for me and in which head should I file my return.
13 Replies
SHIVAM GROVER
(student)
(304 Points)
Replied 26 July 2009
| Originally posted by :Ritesh Kumar Agarwal | ||
| " | Hi, friends please let me knows that I am getting the commision from a company against rendering my service, please note I am getting Commision then which ITR form is suitable for me and in which head should I file my return. | " |
return should be filed in itr 4 under the head pgbp
Niral Gangar
(Management Consulting Investment Advisory CA Practice)
(100 Points)
Replied 26 July 2009
You can show the same income as your income from business or profession and hence fill ITR 4. the good part of this income is that you can claim all the expenditures eg. travelling, conveyance, business promotion etc as expenditure against your income.
CA. SUDHARSAN K G
(Chartered Accountant)
(472 Points)
Replied 26 July 2009
Dear Frien,
Even though you are gettingcommission, in general it is classified under profession. hence ITR 4 should be used and accordingly you can clim reasonable expenses.
Darshu
(CA)
(1580 Points)
Replied 26 July 2009
Hello...
U have to fill ITR 4 and your income will be shown under the head "Income from Business and Profession"...
Basavaraj
(Services)
(34 Points)
Replied 07 August 2009
Where we have to file E-file IT Return i.,e ITR 4 ,any IT Return software is there?
Basavaraj
(Services)
(34 Points)
Replied 07 August 2009
We have small business about 8lakh Turnover , i have to file IT Return -ITR4
basicaly i have started business in Mumbai, my PAN No.ITR are submitted in ITR in Mumbai,
Now i have shiftted in Pune ,along my business ,Now
where I want file e-IT Return and How?
Basavaraj
MR. R....halpfull hand is back
(.)
(297 Points)
Replied 07 August 2009
if u show your income as other sorces then file itr-2
and if u wont to show as business income then file itr-4
Recent Topics
- Ammendment in Partnership On Death of Partner and
- TDS Provisions applicability Tax Audit Individual
- NAME CHANGE OF HUF
- Advisory for Reporting TDS Deducted by scrap Deale
- Section 194 J Technical Service/Professional Servi
- Solving of Export Related Problems
- Need your valueble insight.
- Softex For freelancer ?
- GST ON REIUMBURSEMENT ENTRY ON GST PORTAL
- Missing invoice in gst
Related Threads
CAclubindia
