Tax on commission earned

It is advisable to open a Bank A/c in your name and accept your commission in Cheques. But till now as you were receiving the Commission in cash you can show the same as your income after deducting the related expenses and pay tax on the same.

Regards,

Devendra

 Hi,

my problem is iam confusing about whether sec.44AD is applicable for the commission earned by an agent for the A.Y. 2012-13.

Income can be shown uner Section 44AD in case of Business of Real Estate as far as turnover does not Rs. 60 Lakhs,

Regards,

Devendra Kulkarni

Thanku.

but my client is an agent in AMWAY INDIA ENTERPRISES PVT. LTD..He is geeting commission from that. In the previous year he was taxed under sec. 44AD. As per the amemdmends commission is not chargeable under sec. 44AD  for the A.Y. 2012-13. SO MY question is under which head and sec. his income is taxable.

reply urgent plzz.