please let me know LIC agent's income goes to which head in ITR?
please let me know LIC agent's income goes to which head in ITR?
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)
Karia Overseas
Ahmedabad
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Vardhaman Group of India
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CAclubindia
