Lic agent


This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
16 October 2017 I received LIC Commission Rs. 4 Lacs last year. can I claim 44ADA or 44AD.

16 October 2017 LIC commission is not covered under specified profession so you can't opt for sec 44ADA. And it is also not a business so 44AD can't be opt.

16 October 2017 LIC commission is not covered under specified profession so you can't opt for sec 44ADA. And it is also not a business so 44AD can't be opt.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
16 October 2017 ok Sir, than can I show its PGBP Income. and can i file ITR-3. I want to claim expenses to gain such commission.

RAJA P M (Expert)
16 October 2017 Yes...
You ll be file ITR 3 and claim


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
16 October 2026
CA article trainee

Zerdi & Co. Chartered Accountants

Pune

CA Inter

View Details
Company
ARTICLESHIP 07 October 2026
Article assistant

S.K.Bajpai & Co.

Noida

B.Com

View Details
Company
08 October 2026
SALES TELECALLER

HIRE NOVA

Lucknow

Graduate (Any)

View Details
Company
07 October 2026
Senior Account Manager

Amplio Invest

Mumbai

M.Com

View Details
Company
ARTICLESHIP 20 October 2026
CA ARTICLE

AMKN & CO

Noida

CA Inter

View Details
Company
Featured 03 October 2026
Accountant

A P Lodha and Associates

Jalna

B.Com

View Details
Company
ARTICLESHIP 08 October 2026
ARTICLE TRAINEE

S.B.G. & CO. CHARTERED ACCOUNTANTS

New Delhi

CA Inter

View Details
Company
14 October 2026
Accountant

Rize.farm

Bengaluru

B.Com

View Details