banner_ad

income received from commission

246 views 7 replies
Income received from commission from bank will be taxable under the head of???
Replies (7)

Depends upon its quantum, and any other income sources of assessee.

E.g. it can be his business or side income..... i.e. either 'PGBP' or 'IFOS'

commision received only 70000 in a year

If that is the only Income, it can be 'IFOS'.....

Dear sir
it may also be PGBP income
there is no other income received by the person.. received income only 70000 in whole year.
for what services commission paid ?
sir, nature of payment is 194H, commission or brokerage


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
09 May 2026
Audit Manager

Kanna and Associates

Coimbatore

CA Inter

View Details
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
14 May 2026
Financial Analyst - Remote Finance Expert

HiringBridge

Ahmedabad

CA

View Details
Company
02 May 2026
Experience Audit Manager

AGGARWAL SAMIR & CO

New Delhi

CA Inter

View Details
Company
04 May 2026
Articleship

S.K Gairola & CO

New Delhi

B.Com

View Details
Company
03 May 2026
Senior Chartered Accountant

Nirmal Jain & Co

New Delhi

CA

View Details