Commission Income under Gst

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CA Student
338 Points Posted on 19 July 2021
If person work on commission basis in line of property registration in registrar's office, then whether he is required to obtain gst number? If he want to file ITR then which itr is suitable to him?
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On 19 July 2021 at 16:54 Report
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Quick Summary
If you earn commission income from property registration, you'll need a GST number if your annual turnover exceeds £20 lakh. For filing your Income Tax Return (ITR), ITR-1 is suitable if commission isn't your primary business. However, if you operate mainly as a commission agent, ITR-3 is the appropriate form.

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Chartered Accountant
24588 Points Posted on 19 July 2021
GST registration is not required.

ITR 1 may be filed
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On 19 July 2021 at 17:07
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3924 Points Posted on 19 July 2021
If your main Business is Commission Agent then ITR 3 will applicable .
1 Reply
On 19 July 2021 at 17:33
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GST Practitioner
55067 Points Posted on 19 July 2021
Yes if his turnover exceeds 20 lac pa (reference section 22 of CGST Act)
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On 19 July 2021 at 23:22
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Chartered Accountant
86505 Points Posted on 20 July 2021
If your turnover is above 20 lakh, you are required to get register under GST.

Also you need to file ITR-3 not ITR-1.
2 Reply
On 20 July 2021 at 06:45

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