ITR form
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
26 February 2011
Dear Sir,
A person having income from LIC Commission only so which form should be used for filling of income tax return.
Thanks
A person having income from LIC Commission only so which form should be used for filling of income tax return.
Thanks
26 February 2011
Commission from LIC is a business income and for that you should use form no.4.
26 February 2011
it would be a business return- ITR 4
26 February 2011
Pl use ITR-4 being LIC commission is treated as 'income from business / profession'.
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