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Lic commision income

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Querist : Anonymous

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Querist : Anonymous (Querist)
10 June 2012 If LIC income is more then 15 Lakhs then whether it is liable for income tax audit? and whether it is liable for service tax?
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Ca Anand Dubey

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Ca Anand Dubey (Expert)
10 June 2012 no as it doesn't comes under profession as defined

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