https://www.taxtmi.com/circulars?id=8906 A fixed 40 per cent of gross commission receipts is to be allowed as a deduction under section 57 when assessing commission income earned by authorised agents, extending the Board's prior treatment for sales of National Savings Certificates to commissions on post office time deposit collections. en-us Tue, 10 Oct 1972 00:00:00 +0530 Mon, 30 May 2011 18:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=8906 A fixed 40 per cent of gross commission receipts is to be allowed as a deduction under section 57 when assessing commission income earned by authorised agents, extending the Board's prior treatment for sales of National Savings Certificates to commissions on post office time deposit collections. Circulars Income Tax Tue, 10 Oct 1972 00:00:00 +0530 https://www.taxtmi.com/circulars?id=8906