23 December 2022
To book as purchase and sale. Inference -1) Ahmedabad Stamp Vendors Association v. Union of India (2012) 348 ITR 378(Guj). Supreme court also affirmed this. 2) Kerala stamp vendors Association Vs. O/o Accountant General (2006) 282 ITR 7 (Ker). 3) https://www.caclubindia.com/experts/stamp-vendor-920030.asp
23 December 2022
Stamp Vendor Paid 80Lakh Rs. For Stamp and He Received Stamp of rs . 80 lakhs and Later on Commission 85000 Rs. Credited in His account after deduction of TDS u/s 194H, So in this Case Can we Show as Commisssion only ?
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