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income received from commission
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
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
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