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Other sources income

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Shivanshu Dosar

37 Points Posted on 08 January 2021

Can we declare commision income(up to 5k) in other sources head?

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Quick Summary

Yes, you can generally declare commission income under the 'other sources' head, especially if the amount is relatively small, such as up to £5,000. The key is that you must be able to justify this income if required. For larger commission amounts, it's advisable to declare it as normal business income.