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?

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?

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



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
Featured 21 September 2026
Consultant - Reporting

Finrep Advisors LLP

Mumbai

CA

View Details
Company
17 September 2026
Chartered Accountant

Dass Gupta & Associates

Gurgaon

CA

View Details
Company
08 September 2026
Audit Executive

Thammana & Associates

Srikakulam

B.Com

View Details
Company
09 September 2026
Chartered Accountant

Aviv Global Private Limited

Ahmedabad

CA

View Details
Company
ARTICLESHIP 04 September 2026
Accounts Executive

Hema Yashwanth & Associates

Chennai

B.Com

View Details
Company
08 September 2026
Semi-Qualified Assitant

Subrahmanyam & Sivudu CA Firm

Hyderabad

CA Inter

View Details
Company
ARTICLESHIP 21 September 2026
CA Article Assistant

KK & Company Chartered Accountant

Pune

CA Inter

View Details
Company
26 September 2026
Chartared Accountant

pushpganga ventures

Pune

CA

View Details