For lic comission agent

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Querist : Anonymous

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Querist : Anonymous (Querist)
19 July 2014 under which head comission from lic is come please tell me and which form is used for lic agent comission.

20 July 2014 you need to use ITR -4......

20 July 2014 Taxable under the head PGBP. You need to file ITR4 as suggested by learned expert.

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Querist : Anonymous

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Querist : Anonymous (Querist)
21 July 2014 UNDER WHICH HEAD COMISSION IS COME IS THIS FULL COMISSION AMOUNT IS TREATED AS SALE OR INCOME FROM OTHER SOURCES PLEASE CLARIFY

21 July 2014 TAXABLE UNDER THE HEAD PROFIT AND GAINS OF BUSINESS AND PROFESSION.


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