Hi,
For Insurance commission along with salaries, Can i show it under Schedule SI in ITR-2. As i wish to show it as other income rather than business as that is not a major source of revenue.
Thanks in advance.
Raphel (New1) (30 Points)
23 July 2013Hi,
For Insurance commission along with salaries, Can i show it under Schedule SI in ITR-2. As i wish to show it as other income rather than business as that is not a major source of revenue.
Thanks in advance.
abhishek
(CA FINAL)
(274 Points)
Replied 23 July 2013
Raphel
(New1)
(30 Points)
Replied 23 July 2013
But ITR-2 has Schedule SI " Profits and gains of life insurance business" under it? So why cant we show income under that section?
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