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Income tax on sales incentives received by my employer

This query is : Resolved 
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(Querist)
09 January 2021 Hi there,

I receive a percentage of the total sales value as commission in addition to my monthly salary. I want to understand if this commision is taxable? and if yes, what are the tax slabs, if any?
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K Srinivas, CMA CS

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K Srinivas, CMA CS (Expert)
09 January 2021 Turnover based commission income in your case will be considered as income from salary and will be taxed accordingly
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Lokesh Sharma

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Lokesh Sharma (Querist)
09 January 2021 Thank you, Srinivas. Now, what would that accordingly be? Is there a slab that it follows?
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K Srinivas, CMA CS

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K Srinivas, CMA CS (Expert)
10 January 2021 There's no separate tax slab for salary income. it's applied as per the total income only. You need to show the commission under the income from salaries and the utility will calculate accordingly
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Lokesh Sharma

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Lokesh Sharma (Querist)
10 January 2021 Thank you, Srinivas.
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