Acceptable exp.
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
11 June 2014
HOW MUCH EXP. RE ASSUMED AS ALLOWABLE ON COMMISSION INCOME INCOME BY I.T. DEPARTMENT
CA UMESH DULAL
(Expert)
11 June 2014
I do not get you question. plz clearly write you question
11 June 2014
reassumed means what???????????????????
Nikhil Kaushik
(Expert)
11 June 2014
certain parameters are set in relation to gross margin etc. However, it varies from to income to income. Plus these standards are subjective and there is no necessity that the AO wont question lesser/higher margins.
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