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Lic commission income

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Querist : Anonymous

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Querist : Anonymous (Querist)
19 February 2014 Please let me know if a person has income from LIC can that person file ITR 4S showing 8% as Income
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AVTAR SINGH

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AVTAR SINGH (Expert)
19 February 2014 Commission income can't be taken on presumptive basis u/s 44AD. Maintain books and file ITR-4.
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
11 October 2021 Section 44AD is not applicable to ......... Brokerage or commission income..
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