My mother was LIC agent. As I was nominee, after her death I keep receiveing LIC Commission in my account.
Shall I Fill this amount in Schedule SPI or OS.
If I Fill SPI this amount is not taxed. but
If I fill add this income in OS it is taxed.
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Schedule spi
Replies (1)
The commission amount was taxable in her hands..... same way it is taxable in your hands !!
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