Whether section 44AD is applicable for insurance commissions received by insurance agent and brokerage received by Member of local Bajar samitee?
Thanks in advance
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Section 44ad
Replies (3)
No... Section 44AD is not applicable for Commision Agent / Business..
As per my personal opinion, 44AD is not applicable on insurance commission.
This is personal opinion, if anybody have different view then views are welcome. thanks. Disclaimer: it is not Professional Advice.
This is personal opinion, if anybody have different view then views are welcome. thanks. Disclaimer: it is not Professional Advice.
commission brokerage business are not included in section 44AD
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