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Travel agencies cah file in itr 4 u/s 44ad

Libissa (Accountant) (319 Points)

27 August 2018

My Client is Doing Tours & Travel Businesss can he file in U/s 44AD in Incomne Tax For Asst Year 2018- 2019

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9 Replies

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (177741 Points)
Replied 27 August 2018

In case he receives any commission income, then NO; otherwise YES.....

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Libissa (Accountant) (319 Points)
Replied 27 August 2018

Thank U sir He does not receive any commission only travel income he is having 2 vehicle Van & Car if party ask to go outdoor he goes and pick them that only he do

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (177741 Points)
Replied 27 August 2018

Yes, he can opt sec. 44AD

Reddy Shekhar (Accountant) (2 Points)
Replied 29 August 2019

Dear Sir,

Where to show commission income of travel Agent.

And amount is also below 10k but TDS decuted under Sec. 194H

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (177741 Points)
Replied 29 August 2019

If the aggregate commission income is less than 10K, just declare it u/h. 'IFOS' ....

But if regular agent, better declare income u/h. PGBP

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Hemant Belani (3 Points)
Replied 13 July 2023

Air travel agent is getting commission from various comapies of more then 10000 and TDS is also deducted on it, and travel agency is his major source of income. So whether i should go for PGBP or IFOS. If PGBP is opted then can we file it under 44AD?

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (177741 Points)
Replied 13 July 2023

File ITR 3 for commission income u/h. PGBP.

Musthafa Ck (2 Points)
Replied 27 April 2024

Travel agent can select ITR-3 without any contradiction.because normally a travel agent have more cash deposit for less profit.no audit required reciving acommissin from agencys only.when this commission and profit will cross morthan 20 lacs he have to register under GST.sorry for any mistake in my comment.i am nota CA..thanks.