About lic agent refund
Jitendra Kumar (onwer) (22 Points)
13 February 2021
I am lic agent.what can I fill in ITR 1.
1 Replies
CA SEEMA AGARWAL
(Chartered Accountant)
(414 Points)
Replied 13 February 2021
For LIC agents ITR -3 is filed not ITR-1 because if u file itr 1 u will not be able to claim expenses incurred for earning your commission income..and full commission income will be taxed.. however if u file ITR 3 u can deduct expenses incurred by u in course of earning your commission..
Hope this will be helpful
Hope this will be helpful
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