Insurance commission

This query is : Resolved 

11 March 2013 Dear sir
earned commission income from birla sun life insurance of Rs 84000, can I show it
as normal provision of the act in NO ACCOUNT CASE? advice me because he not main tain accounts. thanks.....

11 March 2013 Yes, can show it as no books case.

OM SAI SRI SAI JAI JAI SAI

12 March 2013 Dear tirumala sir
thanks for valuable replies but if a insurance agent earned above Rs 60000 as commission income he will not get ad hoc deduction and he need to be keeps expenses
record kindly clear my confussion thanks...

12 March 2013 Don't worry its not required to maintain books.

OM SAI SRI SAI JAI JAI SAI


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