Tax audit

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CA. Jyoti Baid (Querist)
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20 August 2009 Hello,

Should the Commision earned by insurance commission agent be considered as Profession or business for the purpose of determination of turnover under section 44AB.

Thanks & Regards,
Jyoti baid

Jitender

Jitender (Expert)
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20 August 2009 it is considered as business for tax audit.

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