Insurance commission itr2 or 4, income from biz or other sou

ITR Filing 502 views 1 replies

Assessee having

1.Salary income(Main Income- Pension),

2.Interest

3.and got small insurance commission(HDFC life not LICorp) totalling less than 30000 on which TDS deducted u/s 194D @ 10%.

Insurance commission not received in business motive.

Three questions

Is insurance commission a biz income or other source income?

Which ITR to be used ITR2 or ITR4?

Is any deduction available?

siva

Replies (1)
you have yourself said that ins. comm. is not for business motive, thus show it under other sources and accordingly file itr-2.


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