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.....
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.....
Dintakurthi Tirumala
(Expert)
11 March 2013
Yes, can show it as no books case.
OM SAI SRI SAI JAI JAI SAI
OM SAI SRI SAI JAI JAI SAI
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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...
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...
Dintakurthi Tirumala
(Expert)
12 March 2013
Don't worry its not required to maintain books.
OM SAI SRI SAI JAI JAI SAI
OM SAI SRI SAI JAI JAI SAI
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