Taxability of commission income
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
02 November 2017
HELLO,
I AM RECEIVING COMMISSION INCOME FROM THE DEALING IN LAND, NOW I WANT TO KNOW CAN I TAXABLE INCOME UNDER SECTION 44ADA OR UNDER WHICH WAY I CAN FIND OUT OF TAXABLE INCOME
PLEASE GUIDE ME
I AM RECEIVING COMMISSION INCOME FROM THE DEALING IN LAND, NOW I WANT TO KNOW CAN I TAXABLE INCOME UNDER SECTION 44ADA OR UNDER WHICH WAY I CAN FIND OUT OF TAXABLE INCOME
PLEASE GUIDE ME
02 November 2017
44ADA is not applicable in your case. Determine the taxable income on the strength of books of accounts.
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