My wife is working as a LIC agent and earning commission on policies. Which ITR form she needs to file?
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Itr form for lic agent
Replies (16)
You should go for ITR4S or ITR4 depending on other factors.
U cam file itr 4 or itr 1 according to situation.
ITR4 should be filed.
Itr 4 since it is business income.
Should file itr4 it is business income.
Should file itr4 it is business income.
Itr 4 should be fillef
ITR 4 should be file
ITR4 or ITR4S
Hello Muralidhar,
You should File ITR1
ITR 4 should be filed. ITR 4S can not be filed for a commission agent.
ITR 4 should be filed. ITR 4S can not be filed for a commission agent.
ITR 4 to be filed and p&l a/c and balance sheet should be filed in ITR 4
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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