Accounting rules in franchaise business

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
24 March 2018 If someone has revenue sharing mechanism with franchisor of 50:50. Then please suggest how much turnover franchisee will show while filing IT return. Will he show only 50% of revenue as his turnover or entire 100%.
Avatar

Expert : Anonymous

Profile Image
Expert : Anonymous (Expert)
25 March 2018 Will be shown the Whole amount of 100%
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
26 March 2018 It means franchaise will show 100 % turnover and will show 50% of turnover as franchaisor fee?
Upgrade to CAclubindia Pro. Subscribe Now!

Profile Image

RAJA P M

Profile Image

RAJA P M (Expert)
26 March 2018 Yes.... You are Correct....
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
27 March 2018 Thanks for the reply
Profile Image

RAJA P M

Profile Image

RAJA P M (Expert)
27 March 2018 You are Most welcome...

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links