- All Categories
- Income Tax (1614)
- Students (768)
- Service Tax (497)
- Corporate Law (462)
- Audit (393)
- Accounts (336)
- VAT (277)
- GST (136)
- Excise (106)
- Finance (104)
- Banking (46)
- FEMA (40)
- Custom (29)
- Shares & Stock (18)
- IFRS (17)
- Income Tax Software (4)
- Cost Inflation Index (1)
Recent
- Test
- 26QB Challan
- Cash amount deposit in bank account as on dt:31-03-24
- branch statutory Audit
- Tax Liability on payment of Gratuity
- Using the work orders of another entity
- Capitalisation of Assets in case of housing society
- GSTR 9 ITC Reversal
- Reissue Refund of Closed Partnership Firm
- section 43B(h)
- TCS os sale of Fly Ash
- Limit of cash on hand sec 44ad person
- STATUTORY AUDIT
- Long term capital gain
- Un secured loans hug amount sec 68 provision applicable
- Resume Upload
- Cash balance increased options
- FOREX FFMC GSTR-1
- missing turnover show in next quater or drc-03 pay correct procedure
- Banking
- Gift transactions from relatives allowed different dates
- TALLY EXCEL IMPORT
- Income Tax
- Empanelment ewnewal fees
- Tax Audit in case of Pvt. Ltd. Company
- ITC from ISD wrongly reflecting in System generated annual GSTR 3B
- Pf and esi subscription amounts late payments claim eligible and provision compulsory
- GST Applicability
- Loans credit and debit adjustment entry allowed in it act
- Tax audit or itr-3 filed f.y.22-23
- Gst returns nil filed cash deposit in bank account
- Cash limit question
- TDS
- Income from AIF Mutual Fund-Under Section-115UA & 115UB.
- Income Tax
- Audit
- audit
- Income Tax
- TDS on provision of audit fees
- Business loan from bank how much amount available
Q. > Please Help: only comission income
I have only commission income and intt on fdr, can i file return under 44ad or itr 4, if ITR 4, I have to prepare Balance sheet nd P & L
answered Jul 27, 2012 by saurabh goyal , chandigarh
if ur commission is commission on sales you can file RTI in the form ITR 4, As per amendments ITR 4S cannot be filed for commission income. and if ur commission is less then 15 lacks u can file return in non books of account option otherwise u have to prepare profit and loss account and audit is mandatory
answered Jul 28, 2012 by Rambabu Senkarasetti , Guntur
file itr4
answered Jul 30, 2012 by Rambabu Senkarasetti , Guntur
no need to prepare balance sheet and profit &loss account
Experts Panelist
Comments
ashok modi
28-Jul-2012 , 11:12:15 amashok modi
28-Jul-2012 , 11:14:10 amThanks sir, the commission is less then 5 lacs but i want to claim certain expenses like conveyance traveliin etc then i have to prepare balance sheet also or not