Itr form

For LIC Agent which IT Return form should be use for A.Y.2012-13

ITR 4 or ITR 4 S

gross receipt are 3 Lack for a year.

 

Replies (3)

It depends how you treat the income

if it is showed as business n profession then ITR4 which will also cover other heads of income

n 4S is only for presumptive income where you ve to show income of only 8% of your turnover n nothing else.

ITR-4 and not Sugam.. ITR- 4S is for presemptive inc.

 

Thanks Mam

 

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