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Manoj Raturi (Querist)
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21 July 2011 Hi,

I have two sources of income.
(1)- Salary.
(2)- Insurance Commission.

Which ITR Form should I use to file the Income tax return for A.Y. 2011-12.

Thanks in advance.

CA PARAS BAFNA

CA PARAS BAFNA (Expert)
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21 July 2011 Insurance commission is taxed unde the head PGBP (business income).

Return can be filed U/s 44AD.

ITR 4S is the form in which return has to be filed by you.

Manoj Raturi

Manoj Raturi (Querist)
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21 July 2011 Thanks for prompt reply Sir,

I think it should be u/s 44AB.

But my income from Insurance commission (+Salary also) is with in the limits (i.e. less then 10 lacks and not required audit).

Thanks.

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