Re: ITR return

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Querist : Anonymous

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Querist : Anonymous (Querist)
29 July 2010 ITR 4 is to be filed for insurance agents of max newyork life insurance company??

they dont have any other income other than commssion received from MAX..
please clarify


also wat will be the business code for this business... ???

29 July 2010 Insurance commission is a business income. So ITR-4 is to be filed.


29 July 2010 AGREED , YOU HAVE TO SHOWN BUSINESS INCOME AND CLAIM EXPENSE AGAISNT IT. IN ITR 4


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