Sale of Easy Recharge
This query is : Resolved
14 February 2017
Suppose A is a sub distributor of BSNL easy recharge. He has a turnover Rs 50 Lakhs. He is earning Rs. 25,000/-. On his earning no TDS was deducted. Now my question is that whether section 44AD will be applicable in this case and his earning will be assumed 8 ℅ * 50 Lakhs = 4 Lakhs.
15 February 2017
No 44AD applicable in this case. Commission received on this will be his income. Turnover not be considered.
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