Tax audit in commission income

No, Tax audit will not be applicable, at the same time you will not be able to carry forward losses...

Section 139(3) read with section 80, does not prohibit the set off of losses of the current year while computing the Total Income even if the return is filed after the due date. But It prohibits the carry forward of such losses.

In above case the due date to file return u/s. 139(1) was 31.07.2022.

You are welcome ....