Kisok Operations

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42 Points Posted on 06 September 2021
Hello all

One of my client engaged in the SBI Kiosk Operations.. and earning Monthly income depends on the transactions done through the Kiosk...
which ITR to be used and under which head we need to declare the income????
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On 06 September 2021 at 15:39 Report
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Quick Summary
This discussion clarifies how to declare income earned from SBI Kiosk operations. The consensus is to file under ITR 3, specifically declaring the income as commission under the Profit and Gains from Business or Profession (PGBP) head. This ensures accurate reporting of earnings dependent on transaction volumes.

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SEO Sai Gr. Hosp.
212495 Points Posted on 07 September 2021

File ITR 3 with PGBP income.

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On 07 September 2021 at 10:23
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42 Points Posted on 07 September 2021
Can't we file as Commission income ??
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On 07 September 2021 at 12:46
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SEO Sai Gr. Hosp.
212495 Points Posted on 07 September 2021

Yes Dear, it is to be declared as commission income only, but under PGBP head.

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On 07 September 2021 at 14:39

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