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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

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.

19 July 2010 thank u sir

Nagarajan


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