A person has income from commission wherein TDS is deducted u/s 194 H, receipts below 50 Lakhs, Which ITR to use?
7 Replies
Ashish
(Chartered accountant)
(183 Points)
Replied 30 November 2020
ITS 3 is compulsory for those who received commission income
sharad vashishta
(18 Points)
Replied 30 November 2020
Sir your income is not presumptive..
it should be filled by complete profit and loss a/c & balance sheet
it should be filled by complete profit and loss a/c & balance sheet
ayusmita
(Tax consultant)
(5885 Points)
Replied 01 December 2020
As the person getting commission and brokerage it's compulsory to file ITR 3
and it's depends upon you to disclose the balance sheet or profits and loss oor file as no books Account case
and it's depends upon you to disclose the balance sheet or profits and loss oor file as no books Account case
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