i have salary and commission income for fy 2019 20. commission income is from referring customers to a business.
which itr is to be filed itr 2 or itr 3?
7 Replies
Rahul Rustagi
(Student CA Final )
(310 Points)
Replied 11 July 2020
How much commission income have you earned during the year..??
Rahul Rustagi
(Student CA Final )
(310 Points)
Replied 11 July 2020
If the commission income is not big, show it in other sources head and you need not file ITR 3.
Saurabh Toshniwal
(ca final)
(2363 Points)
Replied 18 July 2020
commission is rs 5 lakhs and salary is of 180000
CA Payal Gupta
(Chartered Accountant)
(154 Points)
Replied 18 July 2020
Dear Saurabh,
In regards to your query, if salary income is the primary source of income then you can file ITR -1 where you can show commission income under the head of Other sources. But if commission is the primary source of income then this is considered as business income and ITR-3 or ITR 4 as per your turnover will be filed.
If your are not fine with the reply, kindly elaborate your question more in light of the above view.
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