Insurance commission

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Querist : Anonymous

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Querist : Anonymous (Querist)
27 July 2013 client having gross commission from insurance approx 3,00,000/- can i fil the item no. 51 in itr 4 or i have to fill the p/l a/c. do i have to fill the b/s aslo.

28 July 2013 You have to fill up P&L A/c properly. Also prepare Balance Sheet and fill up the data in ITR ' s Balance Sheet.
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