please let me know LIC agent's income goes to which head in ITR?
Menu
Insurance adviser's income
Replies (6)
Business. It cannot fall under any other head.
ITR 4 WILL BE FILED ITS A BUSINESS INCOME
ITR 4 ONLY.
REGARDS,
MANOJ
insurance advisors income treated as bussiness income , ITR 4 will be filed.
u have to treat it under the head Profit or Gains from Business or Profession
In ITR-4 : Business Income/ Code (0301)
Recent Topics :
- Is there any faculty taking chapterwise test in CA
- Late Fees and Interest
- HDFC Bank’s Bureaucracy: The Nightmare of Fl
- Running a CSC Center, Maha E-Seva Kendra, Setu Ken
- GSTR-9 Table 8A issue
- CA Inter Coaching institutes at Hyderabad
- Looking for practising CA
- TDS return filing
- Need formats of FS as per Co act 2013 in soft copy
- Remittance to italy
Related Topics :
CAclubindia
