03 October 2017
One of my client is a distributor of sun direct dth and he purchases and sales the recharges as per the MRP decided by the company and for the sales he made the company allots the commission as per agreement. Here my query was whether my client has to show the sale of goods as his turnover or only the commission? Whether this was considered as a principal agent relationship then the turnover (Sales) cant be considered as his income?