Tax on commission income
This query is : Resolved
Dheeraj Chopra
(Querist)
27 July 2014
whether income received as commission taxable as income from other sources or business income
Nikhil Kaushik
(Expert)
27 July 2014
business income......................
27 July 2014
Taxable under the head Profits and gains of business or profession. ITR4 needs to be filed.
27 July 2014
If your profession is bringing commission it is to be treated as business income.If your revenue is other than commission it is to be shown as income from other source
27 July 2014
If your profession is bringing commission it is to be treated as business income.If your revenue is other than commission it is to be shown as income from other source
29 July 2014
commision income is taxable only as business income..............
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- EPF ECR NEW FILE SEP 17TH 2026
- GST on Renting godown to KFCSC for Storage of Raagi
- Utilisation Fy 25-26 TDS challans in Fy 26-27 TDS Return
- Oct 2025 Invoices
- Capitalgain tax purposes for valuation report compulsory
- Import of Software Service.
- TAX AUDIT ON PROFESSIONAL INCOME
- SECTION 393(3) TAX ON CASH WITHDRAWAL
- Clarification Requested: Gift → NRO → NRE → Overseas Transfer - USA/CANDA (FEMA & Tax Compliance)
- Under marginal scheme
- Capital Gail Exemption Certificate
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
