Articles by Pooja Prasad

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Taxation of commission income of insurance agents

  Pooja Prasad    22 March 2022 at 08:50

A lot of confusion arises when it comes to the income tax filing of insurance agents. An insurance agent, although having aggregate turnover below the audit limits, cannot file his Income Tax Return u/s 44AD, i.e., ITR-4. How does he file his ITR then!