Lic Agent ITR

@ sujata can you be little clearer as 33.33%comes when separate figure are not allowable so elaborate little more

@ sujata as I don't know the basics or few things related to you 

I simply state the calculation 

Salary income from insurance company + commission income excluding deduction - other dectuduction or exemption as per income tax act you get your net taxable income 

Note your total commission will be not taxable 

Total commission including first year commission renewal commission and bonus commissionn if less than 60000 for the year then 50% on first year commission and 15%on renewal commission and respectively if you have segigate figure deduction allowed but if you have no segregated figure then 33.33% I think(  just check the percentage) directly cut from gross income from those

 But that doesn't mean you cut  33.33% directly as department have the report with him