heads of income
This query is : Resolved
25 February 2009
a insurance agent is define which heads
if he has engeged only that business or not
if he has engeged only that business or not
25 February 2009
Income from insurance agency may be considered under the head'income from business'. Reference--Icai publication 2000 edition 'issues on tax audit' page 24.
26 February 2009
YES, WARRIER SIR IS 100% CORRECT.
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