Taxation of commission income of insurance agents

Pooja Prasad , Last updated: 22 August 2023  
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A lot of confusion arises when it comes to the income tax filing of insurance agents. An insurance agent, although having aggregate turnover below the audit limits, cannot file his Income Tax Return u/s 44AD, i.e., ITR-4. How does he file his ITR then! Well, the above contention holds good due th

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Published by

Pooja Prasad
(Tax Consultancy)
Category Income Tax   Report

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