Answer Posted / sourabh dudeja
there is different kind of nature of commission
Nature Exemption Limit HUF/IND Rate OtherRate
Insurance Comm 20000 10% 10%
Comm on sale Lottery 1000 10% 10%
Comm on Brokerage 5000 10% 10%
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Define previous year.
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What is total income?
What are the excise duties in our state?
if the goods are purchased against H Form, is there any specified time limit winthin which they should be exported?; if yes then wat is that limit?
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If any new form open than we are able to deduct TDS on first year
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Please advise where to enter Income tax paid to Govt. in tally and on which head account to be created///