Income tax


This query is : Resolved 

24 August 2012 a person is earning income from isurance commission of Rs 25,00,000.

question-

1- is it profession income or business income

2- can he use itr4s and show 20% profit of 25,00,000

avneesh.bibhu@gmail.com

24 August 2012 Business income.... ITR4s may be used.u/s 44AD


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