please let me know LIC agent's income goes to which head in ITR?
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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)
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