Itr for lic agents receiving insurance commission

lic agents can file itr4,....as it comes as business or profession

so that u  can claim some expenses against ur commision income

if commission received is less than Rs. 60,000 than will get ad hoc deduction and if more than 60000 than may prepare profit & loss account and claim expenses without any limit.

in both case have to file ITR 4

Please share how much expense could be claimed in case if commission income is more than 60,000/-.

no such limit is there