gud day everyone,
one of my client is having rental income of 2.20lacs and life insurance commission of 11000/-. since , the commission is very meagre , can the filing be done in ITR2.
NEED N THANKS FOR UR SUGGESTIONS .
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Life insurance commission
Replies (4)
Yes ITR 2 can be filed
THNX FOR THE REPLY SOWRAV
Your welcome
pls let me know if itr3 can be used for filing without any technical glithches because, life insurance commission need to be booked and in itr3, when i enter the gross receipts , gross profit and expenses, Instead of net profit, it shows both NET PROFIT +GROSS RECEIPTS as income from business .
pls let me know how to proceed further
tnx
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