Lic commission income
This query is : Resolved
04 October 2017
Dear sir,
Where do we have disclose income earned as commission from Life Insurance corporation. The same needs to be shown as Business income or Income from other sources? If shown as income from other sources can we claim any deduction on it?
Please advice
Regards,
Where do we have disclose income earned as commission from Life Insurance corporation. The same needs to be shown as Business income or Income from other sources? If shown as income from other sources can we claim any deduction on it?
Please advice
Regards,
06 October 2017
LIC COMMISSION SHOW IN INCOME FROM BUSINESS AND PROFESSION
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