Insurance commission
This query is : Resolved
Devendra Kumar Agarwal
(Querist)
21 July 2014
Dear sir,
my friend having income Rs.160000 from life insurance commission & rs.35000 from interest on FD on which tds deducted. he have not maintain any account book. pls suggest me in which form he have to file return, if possible pls send a dummy filled itr form for the same amount income. my id is devendra.agarwal@ambujacement.com
my friend having income Rs.160000 from life insurance commission & rs.35000 from interest on FD on which tds deducted. he have not maintain any account book. pls suggest me in which form he have to file return, if possible pls send a dummy filled itr form for the same amount income. my id is devendra.agarwal@ambujacement.com
21 July 2014
file itr 4 as commision income is business income...............
21 July 2014
file itr 4 as commision income is business income...............
Nischit Sanghavi
(Expert)
22 July 2014
You can consider the commission income as Income from other sources, if this is not your business income. Then you need to file ITR2.
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