For LIC Agent which IT Return form should be use for A.Y.2012-13
ITR 4 or ITR 4 S
gross receipt are 3 Lack for a year.
CA.Anupriya Agarwal
(Practising CA)
(110 Points)
Replied 17 July 2012
It depends how you treat the income
if it is showed as business n profession then ITR4 which will also cover other heads of income
n 4S is only for presumptive income where you ve to show income of only 8% of your turnover n nothing else.
CS RAJESH C.CHOUDHARY
(ASSISTANT MANAGER)
(14607 Points)
Replied 17 July 2012
ITR-4 and not Sugam.. ITR- 4S is for presemptive inc.
Live class on PF & ESI Enrollment & Returns Filing(with recording)
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