Actually client is running commission business (not trading). The firm has no purchases. It has sales ,but it "sells the goods on behalf of the farmers" and they collect commission on the sales value of farmers (agri produces).
what is the turnover here (commission OR sales with out purchases)?
commision
commission will be taken as turnover for audit u/s 44AB
COMMISSION IS THE ANSWER
Commision.
Commission...
commission
commission will be treated as turnover
what is the turnover for audit in india
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