banner_ad

Commission

This query is : Resolved 
Profile Image

Guest

Profile Image

Guest (Querist)
11 June 2013 Mr. X is a Tenant and he shares his property without the approval of the owner on certain fixed commission basis to the third party on an agreement.What is the legal consequences. Please note that nowhere he has mentioned that he has let out the property...he is sharing plot for the business of the Third Party for term of 6 years.Further can he be regarded as commissioning agent?
Profile Image

Rupesh Jain

Profile Image

Rupesh Jain (Expert)
11 June 2013 THIRD PARTY MAKE AGGREEMENT WITH MR X FOR COMMISISON FOR USE OF BUILDING

COMMISSION SHOW AS RENT OF PROPERTY
Profile Image

Guest

Profile Image

Guest (Querist)
11 June 2013 Ya thats what I m doubtful....if they are using the term iCommission in the Agreement...do it make it a commission based transaction.Because the person himself is a tenant and he cant rent the plot....
Can he share it or allow to use on Commission?
Profile Image

CMA Ramesh Krishnan

Profile Image

CMA Ramesh Krishnan (Expert)
14 June 2013 It is fine unless the original agreement with house owner by the tenant denies to do that. how ever it is not commission income, it is sublet income
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details
Company
09 May 2026
Audit Manager

Kanna and Associates

Coimbatore

CA Inter

View Details
Company
02 May 2026
Experience Audit Manager

AGGARWAL SAMIR & CO

New Delhi

CA Inter

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details