Tax audit on commission income
Prachi Gupta (8 Points)
11 June 2020
what is the applicability for tax audit on companies earning commission income?
4 Replies
Prachi Gupta
(8 Points)
Replied 11 June 2020
The main source of income of the company is commission and is determined based on the contract with the party
rama krishnan
(12244 Points)
Replied 12 June 2020
As like other business income... total turnover should be more than 1 cr for tax audit
Recent Topics
- Query regarding place of business in GST registrat
- GST on Plot Sale
- TDS return submitted, but neither rejected nor acc
- Trade payables
- NSDL DEMAT- Annual Custody Fees
- Claiming Rent Expenses Invoiced Late Due to Vendor
- Discount and Outward freight on Sale GST RCM
- Income from debt mutual funds in ITR4
- Gold ETF STCG and LTCG
- Property capital gain, Bought in 2002 and sold in
Related Threads
Trending Online Classes
-
GST LIVE Certification Course - 42nd Weekend Batch(With Govt Certificate)
Industry Expert17 May 2025
CAclubindia
