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Querist : Anonymous

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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.

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.



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