Lic commission
This query is : Resolved
VIVEK SINGH
(Querist)
28 March 2012
Dear sir,
In case of a LIC agent, whose total commission received in FY 2010-11 is 233000/-. Can he file his retrun as no a/c case, if yes, then under which section and which ITR form would be applicable.
Thanks.
In case of a LIC agent, whose total commission received in FY 2010-11 is 233000/-. Can he file his retrun as no a/c case, if yes, then under which section and which ITR form would be applicable.
Thanks.
29 March 2012
Yes file ITRIV go thru the form carefully andfill up the data.most of the columns are not applicable
Mind you time is running out
last date is 31/3/2012 if you seek any refund
Mind you time is running out
last date is 31/3/2012 if you seek any refund
CA. RAGHAV GARG
(Expert)
29 March 2012
Better you file ITR 4S (SUGAM)under 44AD,
Treating All income as your income or 80% / 90% income as your income as per your expenses on such commission.
This year you can file ITR 4S
CA. Raghav Garg
9416875784
ggassociates.in
Treating All income as your income or 80% / 90% income as your income as per your expenses on such commission.
This year you can file ITR 4S
CA. Raghav Garg
9416875784
ggassociates.in
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