income tax & computation of income of lic agent

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

01 June 2011 Dear experts

I am a LIC Agent and I have got commission Rs.80000/- for 2010-11 and tax deducted about Rs.8000/- Kindly let me know how do I file income tax return and what form to be filled in.

Ca Aashish Upadhyay

Ca Aashish Upadhyay (Expert)
Follow

01 June 2011 Dear Sir

You may file your return under ITR4 under the heads Profits and Gains from Business and Profession. You will get full refund of your amount if you are maintaining books of accounts for your Business

Querist : Anonymous

Querist : Anonymous (Querist)

01 June 2011 Dear Sir
thanks for heeding on the query. I am not maintaining any books of accounts. How will i compute the tax in that case.

Upgrade to CAclubindia Pro. Subscribe Now!

Ca Aashish Upadhyay

Ca Aashish Upadhyay (Expert)
Follow

01 June 2011 drop a mail on caaashishupadhyay@gmail.com

i may advice