Lic income
Querist : Anonymous
hello my yearly lic comm is Rs 810,000/-
can file return us 44ad or some other section of income tax where i can directly pay certain percentage of my comm
pls advise
You can pay commission to other for securing business/profession under income tax
{but i think, you are not allowed to share commission under the term of your LIC licence.(plz correct if I am wrong)so you should take care of this provision also}
u need to file itr-4.
Querist : Anonymous
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