EASYOFFICE

About itr query

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
27 June 2015 SIR, I HAVE TO FILL INCOME TAX RETURN OF A.Y.15-16 INCOME HAVING FROM INSURANCE COMMISSION U/S 194D AS GENERAL INSURANCE AGENT SO WHICH ITR SHOULD BE USED FOR INCOME TAX RETURN. MY TDS ALREADY DEDUCTED BY THE INSURANCE COMAPNY.

CAN I SHOW IT AS BUSINESS INCOME UNDER HEAD OF PGBP, IF YES HOW TO CLAIM EXPENSES RELATED TO INSURANCE COMMISSION INCOME. ONLY INSURANCE COMMISSION MAJOR INCOME SOURCE.
Profile Image

CMA. CS. Sanjay Gupta

Profile Image

CMA. CS. Sanjay Gupta (Expert)
28 June 2015 Taxable under the head PGBP. You need to file ITR4. Yes you can claim related expenses incurred by you.
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
19 November 2015 SIR THANK YOU BUT I HAVE NOT IDEA ABOUT UNDER WHICH SECTION USED FOR NON LIFE INSURANCE BUSINESS COMMISSION.
Upgrade to CAclubindia Pro. Subscribe Now!


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


EasyOFFICE CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links