I would like to know that i have reced salary and insurance commission as income in the financial year 08-09 so which type of form to be filled for income tax return. and if i submit my return before 31/01/10 can any penalty imposed me from department of not? please help me it is very urgent
25 January 2010
ITR-2 is enough provided the insurance commission is shown under the head'income from other sources'. No penalty will be levied for late filing in the cited issue.
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