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Income tax for lic agent

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Querist : Anonymous

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Querist : Anonymous (Querist)
27 July 2013 ONE OF MY FRIEND IS AN LIC AGENT AND HE WANTS TO FILE IT RETURNS.
HIS INCOME IS
1)COMMISSION=360000
2)SALARY=92000.
NOW MY QUESTION IS WHETHER HE HAD ANY DEDUCTIONS AVAILABLE FOR HIS INCOME EARNED DURING THE YEAR.
THANKS IN ADVANCE
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CA Kapil Verma

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CA Kapil Verma (Expert)
27 July 2013 yes he can claim expenses against commission like traveling and telephone expenses.

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