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24 July 2014 my friend is a employee in honda ltd.
& he also working as agent in RCM (receiving commission on selling of co.products)
the company paid 17000/- as commission & deduct 1700 as TDS on there.
he make expenses on travelling, phone bill, seminar fee etc. for making customers.
can i show rs 17000/- as business income of him & deduct expenses incurred by him.
or i show it in other source income

please help me regarding this

24 July 2014 yes, you can show as business income and deduct expenses incurred by him



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