LIC ÀGENT - CODE FOR INCOME TAX RETURN (AY:2018-19?
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Quick Summary
The discussion clarifies the correct business code for LIC agents in Income Tax Returns. Members debated multiple codes, with consensus favoring 09005 for general commission agents such as LIC agents. It also covers ITR selection, Section 44AD queries, and related business code discussions.
sir, regarding LIC agent commission you have given 13011 is Life insurance , i think this is LIC business (such as LIC of india, SBI life etc), can u pl review and confirm