brokerage
This query is : Resolved
C.A Chirag
(Querist)
16 July 2011
My one of client engaged in portfolio management & real estate agent.He is getting brokerage from that whether it should be shown under Business Head & other sources? also let me know which expenses can claim from that?which is more benificial for tax purpose?
CA Navin Jain
(Expert)
16 July 2011
Treat is business income and claim the exp, telephone, conveyance, misc etc
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