hI
I am getting insurance commision from icici pru life so how i treat this income
1) It is income from other sources
2) It is income from professional services
and
Which ITR I used to file the return.
chetan (accountant) (321 Points)
06 June 2011hI
I am getting insurance commision from icici pru life so how i treat this income
1) It is income from other sources
2) It is income from professional services
and
Which ITR I used to file the return.
Devendra
(Chartered Accountant)
(4775 Points)
Replied 06 June 2011
You can show it is a Business Income and file the Income Tax Return in ITR - 4.
Regards,
Devendra
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