please let me know LIC agent's income goes to which head in ITR?
Amod Ranjan (Service) (356 Points)
31 July 2010please let me know LIC agent's income goes to which head in ITR?
Member
(Management)
(325 Points)
Replied 31 July 2010
Business. It cannot fall under any other head.
Manoj BG
(Tax Professional and in Service)
(1795 Points)
Replied 31 July 2010
ITR 4 ONLY.
REGARDS,
MANOJ
Nomula Sreenivasarao
(DGM -Accounts)
(163 Points)
Replied 31 July 2010
insurance advisors income treated as bussiness income , ITR 4 will be filed.
Mayur Arora
(CA Final)
(295 Points)
Replied 31 July 2010
u have to treat it under the head Profit or Gains from Business or Profession
chitrasen parida
(CA Final Student)
(99 Points)
Replied 31 July 2010
In ITR-4 : Business Income/ Code (0301)
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