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....
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