Taxation of individual not owning any goods carriage vehicle

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neeraj (Querist)
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22 May 2017
Dear Experts
Pls guide regarding the taxability of the matter as mentioned under:
Mr. X is a commission agent who book lorries on behalf of the other transporters and issue his invoice and receive the payment from Service receiver and settle the payments of lorry owners.

The matter of concern are as under:
(i) how he will be treated ? Whether as Transporter or Commission Agent .......
(ii) whether income will be computed as per 44AD or 44AE

Thanking You

Nikhil Kaushik

Nikhil Kaushik (Expert)
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22 May 2017 i dont think he is covered under either of the two.

1 commission agents are explicitly excluded from 44AD

2. For 44AE, though it is not required to own the vehicles, it is still required that you operate the vehicles instead of just taking booking on someone else's behalf. So you may have to check on this part as to whether you are merely a commission agent ( like a ticket booking agent for buses) or you are a managing hired vehicles.

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