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Queries Participated

avneesh   19 August 2012 at 15:28

Income tax

a person is agent of lic. he received total commission Rs. 350000 so tds has been deducted Rs. 35000. now he want to fill return.

additional information is-:

Deduction of 80C available - 55000

he want to claim exp. - 115000

he want tax liability - nill

he want refund - toatal 35000

he is earning same amout from last two a/y

Please provide us-
1- which ITR is required
2- Can I file Itr 2,and i can claim exp.

3- if I file itr 4 than balance sheet and p/l is mandary or not

4- if i file itr 4 how much capital can take

5- if i file itr 4 what is business category

email- avneesh.bibhu@gmail.com