hey guys ........plz help me out
my uncle is an LIC Agent and he receives commission from his agency work
he also receives commission for NSC , NSS , UTI Mutual Funds etc.,
Now, does this activity come under business or profession. If so he ll b require 2 file ITR -4 na
If not , what is the ITR form to be filed.
respected sir
which itr form is to be used for income tax return for a lic agent?
PUNAM
I have income form salary & LIC Commission. Which ITR Form should be filled. Pls also tell me the diffrence in assesment year & finacial year
Hi - 6 % of my total taxable income is LIC Commsion and 94% is from Salaries, please advice me on ITR form is to be used.
My Understanding is to use ITR 3 assuming LIC Commision as other income as it is only 6% of total income.
mainly income comes from only LIC Agency which ITR form can Use at the time of return filing please help me
CAclubindia
