09 August 2009
I want to know sir/s that If an advisor of any Insurance Company and he/she gains any commission on their Receipt of Premium. 1) which ITR we have to Select for it ( I think ITR4 is for it) 2) How to fill the form of ITR of (a. Gross Receipt of Premium b. Total Commission which they Received c. TDS deducted on Commisssion from 16A. 3) can we Prepare Balance sheet for it and can we show the Expense of it in that Balance sheet. 4) No other income Pls help me in this matter urgently Thanks in Advance