Easy Office
LCI Learning

audit

This query is : Open 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
26 January 2011 I am travel agent working on commission basis. So does the ticketing gross amount count as turnover, we give cut and pay for tickets booked and only account for commission.
Profile Image

CA Shailesh Kumar Bhagat

Profile Image

CA Shailesh Kumar Bhagat (Expert)
26 January 2011 As per income tax , If you are taking commission as gross turnover in books , As per IT your commission is to be considered as GT.

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

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links