Commission or Salary

Tax planning 628 views 1 replies

What is the difference in Commission and Salary?

 

We are member of stock exchange and providing arbitrage platforms. A persons comes to our office, uses our infrastructure and funds and doing arbitrage activities,  and from the profits he gained, he is entitled for a sum determined on a fixed percentage. For example, If he gains Rs. 100 from arbitrage and the sharing ratio is 50%, then we will pay him Rs. 50.

 

What is the nature of this transaction? Whether is it a salary or a commission?

Replies (1)

It's a comission, and deduct the TDS before you pay him.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 14 March 2026
Article Trainee

N N V Satish&co

Hyderabad

CA Inter

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 12 March 2026
Customer Relationship Executive

TAXLET

Calicut

B.Com

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details