WE ARE A COMMISSION AGENT AS WELL AS TRADER & SELLING THE GOODS AGAINST COMMISSION. WE ARE RAISING THE INVOICES WHILE SELLING GOODS & PAY THE SALES TAX (VAT). THIS SALES TAX ( AGAINST COMMISSION )REIMBURSE BY THE SUPPLIER . SHALL I CONSIDERED IT (SALES TAX )AS A INCOME ?
Menu
Commission agent
Replies (1)
If you collecting the sales tax from customer and again reimbursed by supplier it is a income.
Recent Threads
- AIS NOT OPEN
- ICICI BHARAT 22 FOF AND NASDAQ 100 FOF CAP GAIN TA
- Schdule BFLA and CFL Error regarding adjustment of
- CIRCULAR WITH RESPECT TO WAIVER OF INCOME TAX OUTS
- How does opting for 44AD impact speculative income
- New GSTR 1
- Purchase and sale of land , showroom, building
- GTA provides services to unregistered person.GST i
- TDS on Sale of Ancestral property
- Tds on transport contractor
Related Threads
CAclubindia
