E-stamp sales is part of turnover or only commission income


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Querist : Anonymous

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Querist : Anonymous (Querist)
27 July 2018 my one of the relative have income from e-stamp sales . around 80lakh sales of stamp and out of income is 120000/- only.(1.5% of sales)
only rs.120000/- show as net commission income or apply 44 ad and claim minimum profit rate (online Transaction i.e 6%)
if it consider commission income then it is income from other sources head of income OR PGBP head income?
plz guide me

27 July 2018 Consider only commission income of 1.20 lacs under pgbp.

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Querist : Anonymous

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Querist : Anonymous (Querist)
29 July 2018 sir
Nature of business in this case

29 July 2018 Retail sale of other products n.e.c 09028


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