03 August 2015
sir i am doing part time business of Avon cosmetic.Its a Direct Selling company i work as avon representative under which head i should fill tax in ITR4S. I am also having a salary income. Both the income are separate and the income which i received from selling cosmetics is that when i received order from customer from brochur i order to company and pay the discount slab amount and i received payment from customer in full amount. For Example; I got order of Rs. 10000 and i will get 30% Discount on this order and i pay 7000 to company for this order and receive Rs.10000 from customer this Rs. 3000 is my income and under which head should i show this income.
I am received Salary of Rs180000 (Rs 15000pm) for the period 2014-15 Part time business income Sale Rs125000 for 2014-15 Received 30% Discount on Sale Commission Income From Above Sale Received Rs 2800 for 2014-15
This company giving Discount on Slab Rate from 2500----10% 2501---3500 20% 3501---5000 25% 5001----10000 30%