Commission on vegetables

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unknown (Querist)
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06 August 2014 Hi Experts, Whether the person earned commission on vegetables consider as income or the total sales he made consider as income for filing of income tax return? and any books should b maintained?

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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06 August 2014 commision is considered as income form business only.

unknown

unknown (Querist)
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06 August 2014 In profit and loss account of the vegetable commission Agent, Total sales he made should consider as income or what he earned commission on sales should take as income?

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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06 August 2014 on commision income is his income and any exp incurred to earned this income shall come purchase n sale is not his business

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