Easy Office
LCI Learning

itr 2 or itr 4????????

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
10 July 2010 i have only lic comission income....which itr should i file??????plz tell me wit clear logic????
Profile Image

Rahul Gupta

Profile Image

Rahul Gupta (Expert)
10 July 2010 LIC commission if charged as a business Income.
Accordingly ITR-2 is not applicable since it is For Individuals and HUFs not having Income from Business or Profession, Which is your case.

Since you have business income, so ITR-4 will be used for your Return of Income.
Profile Image

Bharath Kumar

Profile Image

Bharath Kumar (Expert)
12 July 2010 Agree with Rahul
Upgrade to CAclubindia Pro. Subscribe Now!


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links