Commission Income

If a person is trading in goods. He is also earning some amount of commission related to his business. In Commission TDS is also deducted. Now my question is whether he can file return u/s 44AD
Replies (3)
Quick Summary
This discussion clarifies that income earned from commission or brokerage is not eligible for the presumptive taxation scheme under Section 44AD of the Income Tax Act, 1961. It's important to verify your Form 26AS to confirm the section under which TDS has been deducted on your commission income.

Provisions of Section  44AD of the Income Tax act 1961 ,   not  applicable  to commission income . 

please  confirm with others also. 

A person earning income in the nature of commission or brokerage is not eligible to avail ant benefit under section 44AD.
First of all you verify your 26AS, in which section TDS is deducted.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
09 September 2026
SENIOR AUDITOR & ACCOUNTS MANAGER

Anupam Parashar & Co.

Ghaziabad

CA Final

View Details
Company
Featured 11 September 2026
Audit Executive

RBSM Corporate Advisors Private Limited

Pune

CA

View Details
Company
26 September 2026
Chartered Accountant

pushpganga ventures

Pune

CA

View Details
Company
19 September 2026
CA/Semi-CA/BCom

Pravin Sarvaiya

Mumbai

CA Inter

View Details
Company
08 September 2026
Audit Executive

Thammana & Associates

Srikakulam

B.Com

View Details
Company
ARTICLESHIP 30 September 2026
CA Article Assistant

CA Suraj Garg & Associates

New Delhi

CA Final

View Details
Company
ARTICLESHIP 16 September 2026
CA Article Trainee

SR BAGAI & Co.

New Delhi

CA Inter

View Details
Company
08 September 2026
Semi-Qualified Assitant

Subrahmanyam & Sivudu CA Firm

Hyderabad

CA Inter

View Details