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Income from sales commission

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Querist : Anonymous

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Querist : Anonymous (Querist)
17 April 2014 Dear concern,

my income from commission is Rs. 4,67,270/- in FY. 13-14, TDS deducted by Deducter is Rs. 46,727/-, how much expenses is allowable.
Please Help.

17 April 2014 It depending on the nature of dealings of you. However any amount of expenditure shall allow by the IT department if you have appropriate and reliable evidence/proof to incurred such expenditure and that is reasonable to get such income/commission.

OM SAI SRI SAI JAI JAI SAI

17 April 2014 EXPENSE MAKE BY YOU TO EARN THIS COMMISSION .

AND PROOF OF EXP. ALSO REQUIRED FOR THAT






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