Are LIC agents professionals?
This query is : Resolved
18 June 2011
Can the works of LIC agents be considered as profession? If so the applicable limit for tax audit will be 15 lacs.
Kindly guide on the above issue.
Kindly guide on the above issue.
18 June 2011
IT IS TREATED AS BUSINESS ACTIVITY
ICAI ALSO OPINES SO
CA MANOJ GUPTA
JODHPUR
09828510543
ICAI ALSO OPINES SO
CA MANOJ GUPTA
JODHPUR
09828510543
21 June 2011
Thanks for your prompt and quick reply.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- Tds on building rent monthly
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Confusion around Form 26QB fields
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Sale of property furniture sale
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- TDS under section and rate of TDS
- GST input on scooter purchased
- TDS under section 194Q and TCS under section 206C
- GST input on car insurance and repairs
- GST input on Diwali gift to employee
- GST input on Mobile Handset
- Material and freight in same invoice
- TDS under section 194J inclusive of reimbursement of expenses
- TDS on Material and Labour in same invoice
Trending Online Classes
CAclubindia
