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Tax audit for stamp vendors

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(Querist)
08 December 2011 How is the turnover of the stamp vendors calculated for determining the applicability of Tax Audit? Is it based on commission or the value of stamps sold?
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Guest

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Guest (Expert)
09 December 2011 The amount of Commission earned is the Income for Stamp Vendors.
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
07 August 2013 Value of stamp paper sold is the turnover for tax audit.
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