Clarification regarding tax audit

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Querist : Anonymous

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Querist : Anonymous (Querist)
18 November 2014 Whether The Transaction of Mobile Phone Currency by a dealer has to be shown as turnover or only Commission has to be accounted as the Company deducting TDS U/S 194H,whether total turnover subject to Tax Audit or Only Commission has to be accounted.

18 November 2014 Only Commission is to be accounted for.

18 November 2014 The turnover for this purpose shall be the commission amount.


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