Commission income

i have a current account and in that account monthly transaction are 2 cr to 3 cr.
is that any problem by doing this transaction
Replies (3)
Quick Summary
This discussion addresses concerns about large monthly transaction volumes (₹2-3 crore) in a current account, specifically regarding commission income. It highlights that exceeding the basic exemption limit for income necessitates filing an Income Tax Return. Further clarification is sought on the nature of the transactions and the source of the commission income to determine other legal compliances.

If your income is more than basic Exemption limit than you are required to file Income tax return compulsorily, other Compliance under other law also need to be checked.
What type of transaction?
Source of Income..,?
It is only transaction income or we can say commission on transaction
Source of commision income, type of business..?

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