Commision income
ajay (ca) (25 Points)
30 May 2017
travel agent commision is taxable under which head ??
4 Replies
PRABIR PAUL
(*****Accountant***** Never insult to a)
(1448 Points)
Replied 30 May 2017
Income chargeable under the head PGBP...
PALLAVI
(Student CA Final )
(42 Points)
Replied 30 May 2017
Travel agent commission is taxable under head Profits and Gains from business nd Profession.
PRABIR PAUL
(*****Accountant***** Never insult to a)
(1448 Points)
Replied 31 May 2017
It is dependent on your type of income.
For example you are a salaried employee as well as you got a litle bit commission from any other payer. then it can be declare as:-
Salary
Other source
But if you have only huge amount of commision income along with some expenses that can be declare as:-
PGBP...
Some people declare commission income as other source.
But in that case you can't take the deduction benefit of expenses.
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