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Itr form for lic agent

ITR Filing 1250 views 16 replies
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Employee
28 Points Posted on 30 July 2015

My wife is working as a LIC agent and earning commission on policies. Which ITR form she needs to file?

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On 30 July 2015 at 19:49 Report
Replies (16)
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Tax Technologist
1949 Points Posted on 30 July 2015

You should go for ITR4S or ITR4 depending on other factors.

1 Reply
On 30 July 2015 at 20:01
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No
166 Points Posted on 30 July 2015
U cam file itr 4 or itr 1 according to situation.
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On 30 July 2015 at 21:01
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Account manager
533 Points Posted on 30 July 2015
ITR4 should be filed.
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On 30 July 2015 at 22:41
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Practising CA
449 Points Posted on 30 July 2015
Itr 4 since it is business income.
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On 30 July 2015 at 23:28
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PARTNER
37 Points Posted on 31 July 2015
Should file itr4 it is business income.
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On 31 July 2015 at 08:08
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PARTNER
37 Points Posted on 31 July 2015
Should file itr4 it is business income.
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On 31 July 2015 at 08:24
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Practice in Income tax
26 Points Posted on 31 July 2015
Itr 4 should be fillef
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On 31 July 2015 at 09:23
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ABC
21 Points Posted on 31 July 2015

ITR 4 should be file

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On 31 July 2015 at 14:05
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STUDENT
1480 Points Posted on 31 July 2015

ITR4 or ITR4S

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On 31 July 2015 at 16:41
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Financial Consultancy
267 Points Posted on 31 July 2015

Hello Muralidhar,

You should File ITR1 

 

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On 31 July 2015 at 17:26
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FINAL
24 Points Posted on 01 August 2015
ITR 4 should be filed. ITR 4S can not be filed for a commission agent.
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On 01 August 2015 at 21:17
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FINAL
24 Points Posted on 01 August 2015
ITR 4 should be filed. ITR 4S can not be filed for a commission agent.
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On 01 August 2015 at 21:20
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CA Practice
29 Points Posted on 03 August 2015
ITR 4 to be filed and p&l a/c and balance sheet should be filed in ITR 4
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On 03 August 2015 at 22:17
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CA CMA FINAL and Advance Excel Trainer
6886 Points Posted on 04 August 2015
If lic commission is sole business of the assesee then same will covered in ITR 4 by claiming appropriate exp... However if it is not then ITR 1/2 by treating as income from other sources but in this case also you still claim appropriate exp...
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On 04 August 2015 at 00:10


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