LIC Commission Income

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Mahabir Prasad Agarwal (Querist)
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04 October 2019 Whether income from LIC commission may be declared u/s. 44ADA in ITR 4 ?

Bhaskaran Chackrapani Warrier (Expert)
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04 October 2019 Not permitted by law.

Mahabir Prasad Agarwal (Querist)
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04 October 2019 Sir, If a declare entire commission as Taxable Income, Then ?

Mahabir Prasad Agarwal (Querist)
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04 October 2019 Sir, If a declare entire commission as Taxable Income, Then ?

CA Pawan Koradia (Expert)
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08 October 2019 Then also commission income is not covered u/s 44AA hence not allowed to file u/s 44ADA.

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