LIC COMMISSION

This query is : Resolved 

09 October 2019 What is maximum limit for Commission receipts (LIC/Post Office), for which income cannot be declared u/s.44AD ?

09 October 2019 There is no maximum limit for commission income.

09 October 2019 Sorry, I mean to say minimum limit.

09 October 2019 No minimum limit also.

09 October 2019 Commission income cannot be declared under 44AD , you have to file ITR 3 to declare commission


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