Depreciation for Insurance Agent
Can an agent claim depreciation on car and other assets towards commission earned from Insurance company on insurance business ? more
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Dear Brothers, Why we are getting in to this is not clear. Under the income tax act taxable income head IS" INCOME FROM BUSINESS AND PROFESSION" I feel,We need to express our opinion to the point only. Love to all. Taking lighter side of it, Let us not raise the point now who am I and how can I say love to all . SUDERSHAN GAMBHIR more
Jun 28
Mr Mathur for you a businessman and a professional are same and you address both as Dear Sir. Your view is correct upto some extent but both are different. Mr Mathur what do you do? Please tell me then I think I will be more comfortable to explain you the difference. Regards more
Jun 28
For me, both are businessmen and I address them both as "Dear Sir". Both are providers - one of goods and the other of services - and I am the consumer. more
Jun 28
Mr Mathur I will explain you the difference between business income and professional income but before that you have to tell me whom you address a businessman and whom a professional ? more
Jun 27
What is the difference between business income and professional income, Mr. Sanjeev Goel? more
Jun 27
