Yes....it's taxable and classified under Income from business or profession
Taxability of LIC commission
Page no : 2
shivam garg
(no)
(2 Points)
Replied 02 June 2018
Yes it will be charged in income from other sources...
Gocommerc.blogspot.com
Recent Topics
- GST ON REIMBURSEMENT OF GOVT FEES
- GST TDS credit compulsory for supplier to get cred
- Bill no wrong entry in GST r1
- TDS RETURN FOR 3RD QUARTR
- Payment to Dubai
- WRONG BILLING
- Export Way Bill Destination reg
- Advise on Tax implications
- NEW INCOME TAX ACT, 2025: GOVERNMENT-APPROVED BILL
- Doubt of GSTR1 Filing
Related Threads
Trending Online Classes
-
PF & ESI Course - Labour Code 2019 Along with Examples and Case Studies
Mr.Balamurugan Ranganathan13 March 2025
CAclubindia
