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Insurance commission more than 60000, which itr to file

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Querist : Anonymous

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Querist : Anonymous (Querist)
23 July 2012 Sir,
My brother is having recipt of insurance commisssion ore than 60000, which ITR he has to file? & how much deduction under which section he shall allowed? he is not maintaining any books of accounts.
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CS, Deepak Pratap Singh

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CS, Deepak Pratap Singh (Expert)
23 July 2012 Dear Friend, you have to file ITR-04 for claim the deduction of expenses during the earning of commission income. Thanks

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