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Income from commission

This query is : Resolved 
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(Querist)
21 July 2019 Hi,

For AY 2019-20, which ITR should be file for Income from Commission from Life Insurance Agency where commission Income is more than Rs.60000/- ?
Presumptive Taxation is applicable ?

Please guide me asap
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Aashok Kumar Sharma online

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Aashok Kumar Sharma online (Expert)
31 May 2020 ITR - 3
Insurance agents earning commission are required to file their returns using ITR - 3. It is essential to note that an entity whose income is by way of commission or brokerage cannot adopt the presumptive taxation scheme of Section 44AD.
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