Income disclose

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This discussion clarifies that travel agent commission-based income is not eligible for the presumptive scheme (Section 44AD) of the Income Tax Act. To file your Income Tax Return (ITR), you should use ITR 3 and declare the commission income under the 'Profits and Gains from Business or Profession' (PGBP) head, maintaining proper books of accounts.

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(Querist)
25 June 2023 Respected Sir / Mam
Can I show travel agent income in Itr under presumptive scheme.
Regards
Varun dhiman
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
25 June 2023 If your income is only commission based, than not eligible for sec. 44AD IT act.
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VARUN DHIMAN

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VARUN DHIMAN (Querist)
25 June 2023 Respected sir
Sir how can I show Travel agent commission income in ITR .
Regards
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
25 June 2023 File ITR 3 & declare the income under head 'PGBP' with books maintained.
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