Tax audit on commission income

what is the applicability for tax audit on companies earning commission income?
Replies (4)
Quick Summary
This discussion clarifies when a company earning commission income is subject to a tax audit. The general rule is that if your total turnover exceeds £1 million, a tax audit is likely required, similar to other business income. Commission is typically determined based on contractual agreements with clients.

What basis commission is determined?
The main source of income of the company is commission and is determined based on the contract with the party
Nature on business contract?
As like other business income... total turnover should be more than 1 cr for tax audit

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