I AM HAVING A CLIENT OF TRAVEL AGENCY. HE IS WORKING ON COMMISSION BASIS. HOW TO SHOW HIS COMMISSION INCOME IN INCOME TAX RETURN? WHETHER IT IS APPLICABLE FOR TDS? HE IS WORKING ON CASH BASIS.
CA Dipesh Jain (CA PRACTICE) (49 Points)
16 January 2012I AM HAVING A CLIENT OF TRAVEL AGENCY. HE IS WORKING ON COMMISSION BASIS. HOW TO SHOW HIS COMMISSION INCOME IN INCOME TAX RETURN? WHETHER IT IS APPLICABLE FOR TDS? HE IS WORKING ON CASH BASIS.
CA Neil Ganatra
(Partner - Gautam Joshi & Co.)
(871 Points)
Replied 16 January 2012
TDS is not applicable in case of travel agents.
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