11 October 2014
point no. 1-commission for lic Income from other source m hoga ki Income from profession m hoga.
point no.2- Agar Business profession m ho to usme deduction koun c milegi.
11 October 2014
Commission from LIC Income from Profession mai taxable hoga. You can claim deduction for expenses related to your profession. ITR4 needs to be filed.