Clarification on gross receipts

[Guest]

Gross receipt for realestate agents,when they are taking big plot of lands through agreement & registering it directly in the name of purchaser by dividing it into small plots.

[Madhukar N Hiregange]

What is the query?

[Guest]

Gross receipt of the Realstate agents included all the money they receipt from the purchaser of small plots

AI Summary

Gross receipts inclusion for real estate agents: receipts from purchasers of subdivided plots regarded as agent gross receipts. Whether gross receipts of real estate agents include all amounts received from purchasers when an agent acquires a large plot, subdivides it into small plots and registers those plots directly in the purchasers' names; the forum records a clarification request and an affirmative reply that such receipts include all moneys received from purchasers.