MOBILE VOUCHER SALE VOUCHER INCOME
This query is : Resolved
MAHESH CHOUDHARY
(Querist)
03 February 2020
my client has already considered his currency sales as turnover and he has paid GST on the same. His turnover including the Currency sales in around Rs 1.41 crores and purchase including currency voucher is Rs 1.40 crores , He gets around 2% commission from it , however in his PAN Rs 24.25 lakh is being reflected as commission, now please help me how can his income be declared.
CA R SEETHARAMAN
(Expert)
03 February 2020
Declare 24.25 lacs as commission income.
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