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Whether tax audit or not??

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(Querist)
09 November 2011 DEAR SIR,

I have a doubt while filing the return in case of LIC Agent and General Commission,

1) LIC AGENT

Under what head it comes
whether is profession or business
my client is only a LIC Agent whose income is Rs 15,42,361/- for the year 2011-12,

2) General commission agent
He is doing as full time commission agent in the HOUSING loan his income is above Rs 50,00,000/- whether it is Tax audit??
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CA. Gurdeep Singh Chawla

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CA. Gurdeep Singh Chawla (Expert)
09 November 2011 1. Business
2. Tax Audit is applicable

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