Income from insurance commission

CA Reshmi Greeting Kumar (Tax Consultant) (58 Points)

10 December 2014  

Hi,

My client has income from insurance business and I am using ITR-4. But the income is less than 60,000 , hence adhoc deduction is availed. Hence, in ITR 4 only a very small portion needs to be filled and all other columns in PL and other pages remain unfilled. Is this ok, or should I use ITR for Income from other sources.

Reshmi