Brokerage income head

Rishita Motwani (senior associate) (264 Points)

06 July 2015  

If brokerage income is earned by a sub broker from trading of shares 
such income should be taxed to the sub broker under which head

business income or income from other sources ?

his main income is income from salary

and no business income

and many other other sources income

like

income from teaching at college and classes, interest, dividend etc