Brokage income from sale and purchase of property
This query is : Resolved
Quick Summary
15 August 2025
Sir a person having brokage (commission) from sale and purchase of immovable property (individuals not registered under any act)
my query is
show income under other source?????
or income us 44ad????
please suggest
Regards
Vikas
my query is
show income under other source?????
or income us 44ad????
please suggest
Regards
Vikas
15 August 2025
Brokerage income will come under normal business income. It cannot be declared under sec. 44AD IT act.
15 August 2025
ok
can we consier it as Other Source income
can we consier it as Other Source income
15 August 2025
Generally not allowed unless it is minor activity in nature.
15 August 2025
thanks for your prompt reply SIR!
15 August 2025
You are welcome.
23 September 2025
Good luck....
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- CAPITAL GAIN REDEVELOPED FLAT
- Requirement under FEMA &RBI
- CLOSING STOCK QUERY
- ITC BENEFIT ON BROKRAGE PAID
- Residential status of non resident
- Gst reverse charge mechanism to be claimed in the month of payment
- Sale of Mutual Funds In Diffirent Financial Years
- CASH GIFT FROM BLOOD RELATIVE
- ITR 44AD SECTION
- GST ISD Query on various AMCs
- REGARDING ITR FILING QUESTION
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- Goods return by customer
- INWARD REMITTANCE FOREIGN
- CPC and SAC
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
