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Which ITR??

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(Querist)
31 July 2008 I Want To Just Clarify Regarding Answer Given Mr.Anand To Mr.Sathiyamurthy Regd Which ITR For Ins.Comm.
Insurance commission will fall under the head of Income from Business or Profession
ITR-4 Needs To Be Filed And Not ITR-2
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S.Srinivasaraghavan

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S.Srinivasaraghavan (Expert)
31 July 2008 Yes. What you say is correct(business or profession).
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Vivek Banginwar

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Vivek Banginwar (Expert)
31 July 2008 ITR-4 is a proper form for insurance commission, because it falls in Income from Business or Profession.
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S.Srinivasaraghavan

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S.Srinivasaraghavan (Expert)
31 July 2008 ITR-4 is for individual engaged in proprietry businee or profession.

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