Hi.
Would be great if someone can help with these two queries:
1. Commission earned on bill discounting is to be treated as business or profession (For pvt ltd co)
2. Whether the above commission received will be treated as a financial income or no?
BILL DISCOUNTING query
Replies (2)
Quick Summary
It would be either business income or an income from other source depending upon facts of the case.
Tds applicable on this income?
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