Regarding commission


This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
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?

03 October 2017 Show as his turnover only the commission.


Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
05 October 2017 but he is not remitting the sale amount to the company... still he need to show only the commission?

05 October 2017 Still it is commission only.


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 November 2026
Article Assisstant

DPV & Associates

Chennai

CA Inter

View Details
Company
ARTICLESHIP 22 October 2026
Articleship intern

Srinath Manikanta

Hyderabad

CA Inter

View Details
Company
21 October 2026
CA INTER/ BCOM WITH EXPERIENCE

CA S KUMAR GUPTA & CO

Amritsar

CA Inter

View Details
Company
Featured 27 October 2026
semi-qualified CA

Saini Pati Shah & Co LLP, Chartered Accountants

Mumbai

CA Final

View Details
Company
14 October 2026
Accountant

Rize.farm

Bengaluru

B.Com

View Details
Company
23 October 2026
Sr. Accountant

SANKARAN & KRISHNAN

New Delhi

B.Com

View Details
Company
ARTICLESHIP 23 October 2026
CA Articleship / Article Assistant

M N Rao & Associates LLP

Vijayawada

CA Inter

View Details
Company
31 October 2026
Accountants

sankaran and krishnan

New Delhi

B.Com

View Details