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Lic commision income (Audit)

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This query is : Resolved

Author : Anonymous

( Author )
10 June 2012

 If LIC income is more then 15 Lakhs then whether it is liable for income tax audit? and whether it is liable for service tax?


Anand Dubey

( Expert )
10 June 2012

 no as it doesn't comes under profession as defined



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