Filing itr 4 for insurance agents
This query is : Resolved
RAMACHANDRAN
(Querist)
08 July 2013
I am insurance commission agent having income over 15,00,000. I have no book of accounts. Is it must to fill balance sheet and p &l.shall I get full refund amount rs 1,50,000 by showing expences in column 51 of p&l for non account cases.
CA Parul Saxena
(Expert)
08 July 2013
Books of accounts are compulsorily to be maintained as your income is exceeding the limit of Rs.150000/-.
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