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Taxability of LIC Agents

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(Querist)
29 July 2009 i want to know whether lic agents whose gross recipts is less than 4,00,000 can have to maintain books of account.

what information regarding B/S is to be filled in ITR IV as he does not have income from any other sources,

can he file return under no books of account..

thanks in advance for the help...
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CA CS CIMA Prakash Somani

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CA CS CIMA Prakash Somani (Expert)
29 July 2009 I am not sure but they dont need to maintain.

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