banner_ad

Itr filing

This query is : Resolved 
Profile Image

Profile Image

(Querist)
28 June 2019 Lic commission receiveing man can't file under presumptive basis under 44ada so should file itr3 but in ITR 4 why lic code under nature of business
Profile Image

Amol S Joglekar

Profile Image

Amol S Joglekar (Expert)
28 June 2019 44ADA is for professionals. But you can file regular ITR and claim 50% for insurance commission as per CBDT circular 648 dated 30/03/1993
Profile Image

SNEH PRAKASH

Profile Image

SNEH PRAKASH (Querist)
28 June 2019 But this 50%deduction is only commission less than 60000
Profile Image

Amol S Joglekar

Profile Image

Amol S Joglekar (Expert)
28 June 2019 yes. you can follow the same
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
26 April 2026
Chartered Accountant

Source HR

Mumbai

CA

View Details
Company
ARTICLESHIP 30 April 2026
Article Assistant

M/s G.K. Choksi & Co.

New Delhi

CA Inter

View Details
Company
05 May 2026
Accountant

Sanjay K Pathak & Associates

Noida

Graduate (Any)

View Details
Company
14 May 2026
Senior Associate

ABHISHEK SHANKAR AGARWAL & ASSOCIATES

Kolkata

CA

View Details
Company
14 May 2026
ICSI Trainees for 21 Months and Semi-Qualified CS

CMNITY HIRE

New Delhi

Others

View Details
Company
14 May 2026
Senior Accounts Executive

Karan Gupta & Co.

New Delhi

Graduate (Any)

View Details
Company
06 May 2026
Account Assistant / Article Clerk

V.K. Ranjan & Co(Chartered Accountants)

New Delhi

B.Com

View Details
Company
28 April 2026
Senior Accounts Professional

Vivek S Gupta & Associates

New Delhi

B.Com

View Details