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travel commision

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Querist : Anonymous

Querist : Anonymous (Querist)

27 October 2010 one of my client is doing business as a travel agent. what will be his turn over. if he is geting 100000 gross than his commision is 15000. than what will be his turn over

Rajan Kapoor

Rajan Kapoor (Expert)
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10 November 2010 If the travel agent is receiving Rs. 100000 on behalf of his principal and paying to principal Rs. 100000 and getting Rs. 15000 as commission then his turnover will be Rs. 15000/- and Rs. 15000 will be taxable.

Querist : Anonymous

Querist : Anonymous (Querist)

24 September 2011 Thankyou Very Much Expert....:)

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