LIC COMMISSION


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


CA R SEETHARAMAN (Expert)


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

Mahabir Prasad Agarwal (Querist)
09 October 2019
Sorry, I mean to say minimum limit.

CA R SEETHARAMAN (Expert)


Click to Talk 09 October 2019
No minimum limit also.

KAVIRAJA ADDANGADI (Expert)


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


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


Click here to login now



Similar Resolved Queries :






×
close
GST Live Class
Online GST Class    |    x