banner_ad

Treatment of commssion received by agent on sale of sim card

This query is : Resolved 
Profile Image

Profile Image

(Querist)
06 September 2012 Hi,

I got a this while discussing with my friends while discussing about 194H.

The argument is sales made by sim card distributor..

Whether we should consider only commission as income (say 30% out of sim card sale value)
or
we should consider the total value of sim Card as sales made by the distributor.. for example: the total sale value exceeds the tax audit limit.... like he sold 2lac simcards...

let me
Profile Image

Praveen Kumar Rathi

Profile Image

Praveen Kumar Rathi (Expert)
08 September 2012 yes the audit will be compulsory if the billing is done by distributor.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
14 May 2026
Financial Analyst - Remote Finance Expert

HiringBridge

Ahmedabad

CA

View Details
Company
ARTICLESHIP 15 May 2026
ARTICLE ASSISTANT, TRAINEE AND PAID ASSISTANT

YOGESH KAPOOR AND ASSOCIATES

New Delhi

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
01 May 2026
Chartered Accountant

Agrawal Jain & Co.

Raipur

CA

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
05 May 2026
Accountant

Sanjay K Pathak & Associates

Noida

Graduate (Any)

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details