Commission received from lic
This query is : Resolved
MANJUNATHA M.R
(Querist)
14 July 2012
Dear Experts please clarify me I have received Rs.4 Lakhs commission from LIC as per Form 16A. I have incurred expenditure around 2 lakhs for travelling, boarding and lodging for doing LIC business. My question is What is the amount shown in ITR form and which ITR form I use. I am doing trading business also. Please give me the computation sheet for the above.
CA Navin Jain
(Expert)
14 July 2012
file itr-4, and claim the all expenditure incurred for earn the commission
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