Man power recruitment agent

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This discussion clarifies the taxability of commission earned by manpower recruitment agents. It confirms that commission income is not eligible for assessment under Section 44AD of the Income Tax Act. Furthermore, the turnover for tax purposes should only include commission income, excluding any refundable deposits received from job seekers.

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(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.
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Dhirajlal Rambhia

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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.
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CA Puja Sharma

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CA Puja Sharma (Expert)
20 January 2022 Yes, Commission income cannot be reported u/s 44AD.
Your turnover will be commission income alone
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