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?

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

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



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
ARTICLESHIP 07 October 2026
Article Trainee/ CMA Trainee

RMA And Associates LLP

New Delhi

CA Inter

View Details
Company
Featured ARTICLESHIP 06 October 2026
Semi Qualified

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
12 October 2026
Chartered Accountant - Internal Audit

HKC | Chartered Accountants & Business Advisors

Ludhiana

CA

View Details
Company
08 October 2026
SALES TELECALLER

HIRE NOVA

Lucknow

Graduate (Any)

View Details
Company
19 October 2026
Accountants/Articles (Freshers/Experienced)

ADY & CO.

New Delhi

Graduate (Any)

View Details
Company
ARTICLESHIP 07 October 2026
Article Assistant

Malhotra Rajesh & Associates

New Delhi

B.Com

View Details
Company
15 October 2026
Senior Accountant

Continental Belting Pvt Ltd

Mumbai

B.Com

View Details
Company
ARTICLESHIP 30 September 2026
CA Article Assistant

CA Suraj Garg & Associates

New Delhi

CA Final

View Details