Return of lic agent
Querist : Anonymous
Please guide about filing of return of LIC Agent. What sort of expenses are allowable as deduction? In business head where to claim those expenses?
Thanks in anticipation.
it is treated as ‘business income’.
ITR-4 is to be used;
In case he is not maintaining books of account – he may fill in item 51 of Part-A P&L in ITR-4.
Querist : Anonymous
Thanks.
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