transport commission agent business
This query is : Resolved
24 March 2017
how to book income in transport business for example if transport commission agent received Rs.25000 as a fare and give 24000 to truck owner as fare. so in this case his income recorded as 25000 and expense 24000 or net income 1000. all transaction perform through bank.he is required to maintain books of account or not?
24 March 2017
Being transport commission agent account net income 1000 as commission income.
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