Income tax
This query is : Resolved
Gaurav Singh
(Querist)
01 December 2017
In case assessee is engaged in the business of operating a mother dairy booth and he entitled to receive commission from the Mother Dairy (i.e. Company) on the basis of sale.The assessee will be liable for audit under section 44AB of the Income Tax Act, 1961 on the basis of his turnover (sale), which is remitted to Mother Dairy or the commission which he received from the Mother Dairy later on.
Ashiwini Ballodia
(Expert)
01 December 2017
Is mother diary is deducting TDS.
If Yes than under which section
Dhirajlal Rambhia
(Expert)
12 October 2021
On the commission received from mother dairy...
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