Tax audit for stamp vendors
This query is : Resolved
08 December 2011
How is the turnover of the stamp vendors calculated for determining the applicability of Tax Audit? Is it based on commission or the value of stamps sold?
Guest
Guest
(Expert)
09 December 2011
The amount of Commission earned is the Income for Stamp Vendors.
07 August 2013
Value of stamp paper sold is the turnover for tax audit.
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