Commission
This query is : Resolved
Ankit Jain
(Querist)
12 March 2013
Commission received from Amway under which head to be charged if the salary amount is greater than Commission. Can we charge to Income from other sources and claim expenses against that income.
CA. PIYUSH GOEL
(Expert)
12 March 2013
if you are an employee of company and you get salary as well as commmision from your employer. it will be taxed under head salary.
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Ankit Jain
(Querist)
12 March 2013
Salary is received from different entity
Dhirajlal Rambhia
(Expert)
15 August 2023
Yes, commission from Amway can be declared under head IFOS.
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