Life insurance advisor

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Querist : Anonymous

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Querist : Anonymous (Querist)
10 June 2017 My commission income for FY 16-17 is 7 lakh on which 35000 tds is deducted. Please let me know I should file my ITR in form ITR 4 , can i claim expenses of travelling, vehicle, repair & maint etc

10 June 2017 You have to file ITR-3 for the AY-17-18 and Since the commission income exceeds Rs.60000, you can claim expenses as per provisions of section 30 to 43B of Income tax Act.


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