Taxabilty
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
10 October 2012
My Client is a motor vehicle dealer, they have a MOU with a insurance companies. My client receives payout from the the insurance companies for the insurance given to the customer. my query is will the payout received by the client is taxable service.
Thank You
Thank You
10 October 2012
Yes it will be treated as other income.
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