ITR
This query is : Resolved
19 July 2010
Dear sir,
One of my friend is working in a company for which he received salary. Apart from this he is also receiving Insurance commission ( as an agent) and also rent receipts.
for him, the IT return form is ITR-1 ie.,(Saral) or ITR-2
thanks
Nagarajan
One of my friend is working in a company for which he received salary. Apart from this he is also receiving Insurance commission ( as an agent) and also rent receipts.
for him, the IT return form is ITR-1 ie.,(Saral) or ITR-2
thanks
Nagarajan
Sunil Kr. Sanganeria
(Expert)
19 July 2010
In my opinion, ITR-4 has to be filed because insurance commission is a business income
19 July 2010
Agree with experts. ITR-4 applicable as commission received by Agent is professional income.
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