22 June 2021
SIR, if a person earns commission income from sbi life insurance can 25% of his income be claimed as expenses, without any bills and voucher.If no how much % can be claimed.His income is more than 20 lakhs.
23 June 2021
thank u very much for your response sir. i want to know whether we can claim flat 25% of income as expenses if no book of accounts are maintained.