Tax on commission income
This query is : Resolved
27 July 2014
whether income received as commission taxable as income from other sources or business income
27 July 2014
business income......................
27 July 2014
Taxable under the head Profits and gains of business or profession. ITR4 needs to be filed.
27 July 2014
If your profession is bringing commission it is to be treated as business income.If your revenue is other than commission it is to be shown as income from other source
27 July 2014
If your profession is bringing commission it is to be treated as business income.If your revenue is other than commission it is to be shown as income from other source
29 July 2014
commision income is taxable only as business income..............
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