« Last post by SANTHOSH on March 24, 2015, 08:53:34 pm »
For Example, Mr.A is a recharge distributor. He will pay money to Telecom Companies and He will transfer his balance to retailers and get money from retailers. He will pay commission to retailers. Here whether he has to account for Gross amount as Turnover or Only Commission amount as Gross Receipts for Turnover Purpose?
Mr.A is only Recharge Distributor and he will not deal with Sale of Sim cards.
If there are any case laws relating to Recharge Distributor, Kindly mention the same for understanding purpose.