Man power recruitment agent
This query is : Resolved
Quick Summary
P.Madhivadhanan
(Querist)
20 January 2022
Commission received on man power recruitment agent taxable u/s 44AD. Also Claricfy the Turnover for this one is commission alone or it include deposit received from person seeking for employment.
Dhirajlal Rambhia
(Expert)
20 January 2022
Commission income is not eligible to be assessed u/s. 44AD of IT act.
If deposits are refundable, it will not be part of turnover.
If deposits are refundable, it will not be part of turnover.
CA Puja Sharma
(Expert)
20 January 2022
Yes, Commission income cannot be reported u/s 44AD.
Your turnover will be commission income alone
Your turnover will be commission income alone
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