Commission business

This discussion revolves around filing Income Tax Returns (ITR) for a client whose business operates on a commission basis. The client acts as a mediator, receiving full amounts in their account but only retaining their commission, returning the rest to parties. With a turnover exceeding 2 crore, the core question is which ITR form to use and how to accurately declare income, especially concerning bank credits. The advice given is to treat commission income as gross receipt and show the returned amounts as liabilities, ensuring only the actual commission is declared as income.