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Income Tax - Highlights / Catch Notes

Home Highlights September 2018 Year 2018 This

Amounts received by the assessee-agent on behalf of the ...


Assessee-Agent Commission Deemed Taxable, Including Waived Amounts by Principals, as Income in Their Hands.

September 25, 2018

Case Laws     Income Tax     HC

Amounts received by the assessee-agent on behalf of the Principal - nature of income - amount waived by the Principals - held as in the nature of commission and taxable in the hands of assessee

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