CCI Online Coaching    |    x


This query is : Resolved 

21 June 2012

can lic agents file their income tax return in form ITR4S.

CA Siddhartha Bhardwaj (Expert)
21 June 2012

Section 44AD has been retrospectively amended wef AY 11-12 to provide that the provisions of Section 44AD are NOT applicable to agency or commission income.

Accordingly, LIC agents CANNOT avail benefit of Section 44AD.

They will have to file ITR 4.

You need to be the querist or approved CAclub expert to take part in this query .

Click here to login now

Similar Resolved Queries :

× Online Coaching My Enrolled Courses
Articles Forum News Experts Exams Share Files Income Tax Accounts Career Corporate Law Service Tax Video Judgements Rewards Top Members Events Albums Find Friends Featured Feed Scorecard Bookmarks Mock Test Poll Notification Knowledge Finder Coaching Institutes Trainee Corner Jobs
close x