Is Commission Earned Thru Internet Marketing Taxable

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

08 December 2009 hello friends,

suppose u are an internet marketer & works for 6-8 different companies on the internet as an affiliate & are sell their products, in turn u are getting a fair amount of commission (in rupees).

i want to know is this amount (commission) taxable & if yes then how much (%), is any exemption there

reply soon

with regards

CA SURENDRA KUMAR RAKHECHA

CA SURENDRA KUMAR RAKHECHA (Expert)
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09 December 2009 Commission earned is taxable.

You can claim certain expenditure which you incurred to earn the commission.

The rest amount you have to show into your income tax return.

The better way to consult one Income-Tax Expert because you have to file your return of income.

CA Rakhecha
Surat