Hi,
I have one query.My client has a business of providing sports coaching. He took some players to europe for getting training in sports. Some players bought the flight tickets themselves and some players deposited money to my client's account and my client bought the ticket for them. So will this deposits to buy tickets be considered as gross turnover/gross receipts u/s 44 AD?
Thanks.
Saini Pati Shah & Co LLP, Chartered Accountants
Mumbai
CA Final
View Details
M N Rao & Associates LLP
Vijayawada
CA Inter
View Details
Malhotra Rajesh & Associates
New Delhi
B.Com
View Details
CCI
Pro
CAclubindia
