LIC Agent's service
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
29 December 2010
Dear Sir,
Please advice the category of LIC agent under which it will be taxed in Income Tax & what is the code ?
regards
Abhilash
Please advice the category of LIC agent under which it will be taxed in Income Tax & what is the code ?
regards
Abhilash
29 December 2010
Code Can Be Given
0703 - Service Sector [Consultancy services]
It Can Be Taxed as Business profession & Expenses Related to this Business Can Be Claimed.
Also Many professionals practised to Show This Income Under Other Source
0703 - Service Sector [Consultancy services]
It Can Be Taxed as Business profession & Expenses Related to this Business Can Be Claimed.
Also Many professionals practised to Show This Income Under Other Source
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