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INSURANCE COMISSION
Insurance Commission under which head have to declare in income tax
Replies (5)
PGBP
If the commission income is less than Rs. 60,000/-, it can be declared under IFOS.
Insurance commission is under Income form other source .
under other income source , full commissions or 50% of Gross commission can we declare?
exemption limit rs20000 ....tds rate=10%
Thank you sir reply
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