Filing of ITR

ITR 150 views 5 replies

 I get pension from state government and I get Insurance commission also. Which ITR I should file for FY 2019-20 ?       Please clarify .

Sanjay Khandekar

Replies (5)
Itr 1
Itr 3 you will file as you get commission from insurance company
ITR 3 should be filed showing commission income under PGBP head

ITR 3 IS APPLICABLE IN THE FOLLOWING CASES:

1. INCOME FROM BUSINESS AND PROFESSION

2. INDIVIDUAL DIRECTOR IN A COMPANy

In this case the individual receives pension and insurance commission.

 

File ITR3 . insurance Commission falls under business income. Pension falls under Salary head.


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