Dear Friends,
In our case a doctor received professional income of Rs.12 Lakhs & tds deducted u/s 194 j & she also received insurance commissin income of Rs.30 lakhs & tds deducted u/s 194 D
We are taking insurance commission income as business income & it is not taken as tax audit. can you please tell me whether our view is correct or not?
CAclubindia
