ITR -4 in case of LIC agent

OFCOURCE IT IS NECESSARY

IF U DONT HAVE THE  PROPER BOOKS OF ACCOUNT ENTER VALUES IN NO.51 in part-pl of ITR4

ITR-4
For individuals and HUFs having income from a proprietory business or profession.

Not Necessary to fill the balance sheet & Profit & loss A/c. 

General u fill the ITR 1 . A.Y. 2012-13 Comission Income Shown on Other source of Income.

if any mistake plzz correct.

Thanks

Commission Income cannot be Income from other Sources. It should always be Profits/Gains from Business or Profession. Though, Profit & Loss A/c or Balance Sheet is not compulsory, You have to fill certail details.

THANKS SIR.

Mr. Ravi Shankar Dubey ji..

Commission Income is Business Income. Even if you dont prepare Profit & Loss Income, Business Income cannot be shown in Other Incomes. YOU SHOULD FILL ITR 4. Its Compulsory.

THANKSSSS SIR. THANKS FOR INFORMATION SIR. 

The above views are correct. ITR 4 should be filled with Balance sheet and P/L a/c as commission income is treated as business income.