Can 194h commission be included in business income
This query is : Open
22 May 2018
Our client doing consignment business, He received consignment commission(194H), Shown as a part of Business Income(44AD). Message came from CPC by asking clarification that no other source income shown while 26AS shows Commission income. What will i do?
Is it okey to show commission income(connected with business) as a part of Business income?
Is it okey to show commission income(connected with business) as a part of Business income?
22 May 2018
To match with form 26AS, commission has to be accounted and shown in
ITR separately.
ITR separately.
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