banner_ad

Itr form for lic agent

ITR 1223 views 16 replies
User Avatar

Employee
28 Points Joined August 2014

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

0 Reply Share Follow
On 30 July 2015 at 19:49 Report
Replies (16)
User Avatar

Tax Technologist
1949 Points Joined August 2011

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

1 Reply
On 30 July 2015 at 20:01
User Avatar

No
166 Points Joined May 2011
U cam file itr 4 or itr 1 according to situation.
Reply
On 30 July 2015 at 21:01
User Avatar

Account manager
533 Points Joined May 2008
ITR4 should be filed.
Reply
On 30 July 2015 at 22:41
User Avatar

Practising CA
449 Points Joined September 2013
Itr 4 since it is business income.
Reply
On 30 July 2015 at 23:28
User Avatar

PARTNER
37 Points Joined May 2011
Should file itr4 it is business income.
Reply
On 31 July 2015 at 08:08
User Avatar

PARTNER
37 Points Joined May 2011
Should file itr4 it is business income.
Reply
On 31 July 2015 at 08:24
User Avatar

Practice in Income tax
26 Points Joined July 2015
Itr 4 should be fillef
Reply
On 31 July 2015 at 09:23
User Avatar

ABC
21 Points Joined July 2010

ITR 4 should be file

Reply
On 31 July 2015 at 14:05
User Avatar

STUDENT
1480 Points Joined February 2009

ITR4 or ITR4S

Reply
On 31 July 2015 at 16:41
User Avatar

Financial Consultancy
267 Points Joined March 2015

Hello Muralidhar,

You should File ITR1 

 

Reply
On 31 July 2015 at 17:26
User Avatar

FINAL
24 Points Joined August 2011
ITR 4 should be filed. ITR 4S can not be filed for a commission agent.
Reply
On 01 August 2015 at 21:17
User Avatar

FINAL
24 Points Joined August 2011
ITR 4 should be filed. ITR 4S can not be filed for a commission agent.
Reply
On 01 August 2015 at 21:20
User Avatar

CA Practice
29 Points Joined March 2013
ITR 4 to be filed and p&l a/c and balance sheet should be filed in ITR 4
Reply
On 03 August 2015 at 22:17
User Avatar

CA CMA FINAL and Advance Excel Trainer
6886 Points Joined December 2009
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...
Reply
On 04 August 2015 at 00:10

Summarize this with AI
ChatGPT Perplexity Claude Google AI Grok

CCI Pro

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Threads

More recent discussions | Post

Related Threads
Loading

Latest Job Openings

View all
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details