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Taxabilty

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Querist : Anonymous

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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

10 October 2012 Yes it will be treated as other income.



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