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 BASE ON NOTIFICATION
- Form 140 tds
- NRI starting business in India
- ITDS U/S.194T of Firm
- ADVANCE PAYMENT OF ADVOCATE
- Unregistered suppliers utility
- Non-Compliance documents have not been submitted by the contractors debited
- EXPORT COMMERCIAL INVOICE HSN CODE
- URGENT-Eligible leaves being shown as 24 days for 3 years Articleship instead of 156 days in 108
- Filling ITR - U
- CREDIT NOTES WITHOUT GST
- Taxable or Tax exempt
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
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
