travel agent, Income Tax

[kunhalan kutty PV]

I am a non IATA travel agent running as Franchisee agent for a leading travel group. We collected cash from customer and sell ticket to them. Tickets purchased from our supplier and our profit is the service charge. Do I have to pay Income tax. If so on what.

Posts / Replies

[Saji John]

If your income is more than the Income Tax Exempt/NIL slab then you have to pay tax on the service charge