banner_ad

TICKET / TRAVEL AGENT

This query is : Resolved 

14 March 2011 MY CLINET IS AUTHORISED AGNET OF TRAVEL AGNECIES.

HOW BOOK HIS INCOME AS COMMISSION OR SALES /PURCHASE ?

15 March 2011 The agency does not purchase tickets from the transporter and sell them to the travellers, what an agent does is login to the system on the customer approaching him and book the seat on receipt of the fare.

In a sense he is purely acting as an intermediary, he doesnot maintain any inventory. Any unsold seats in the bus or other conveyance is borne by the concerned operator and not by the agent.

The amount of comission is fixed by the transporter and paid to the agent, also the agent will have no say in the pricing of the ticket. Considering all the above and on the basis of the substance overform, this has to be taken as comission and not as Sales and purchses at gross.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro

Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query



Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details