Taxation of inssurance commission to an agent


This query is : Resolved 

08 June 2017 under which head the only income from inssurance co. as an agent taxable?? if pgbp whethr we need to make B/S nd P/L which itr is applicable??

08 June 2017 yes it is taxable under pgbp. P&L and BS shall depend on 44AA applicability.

08 June 2017 Thank u sir

11 June 2017 you are welcome Tausif.


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