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Professional under section 44ad in new amedment

This query is : Resolved 

16 July 2016 is LIC agent covered as professional under section 44AD in FY 2016-17 ?

16 July 2016 Newly introduced Section regarding presumptive taxation for professionals is 44ADA wef AY 2017-18 (FY 2016-17) Covered professions are:-
1. legal, medical, engineering, architectural, accountancy, technical consultancy, or interior decorations
2. or any other notified professions ( authorized representatives, film artists, company secretary and information technology)

16 July 2016 ok lic agent commission income should be under PGBP or other source income ?


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