Commision income
ajay (ca) (25 Points)
30 May 2017
travel agent commision is taxable under which head ??
PRABIR PAUL
(*****Accountant***** Never insult to any person for any kind of lack of knowledge or misread.)
(1443 Points)
Replied 30 May 2017
Income chargeable under the head PGBP...
PALLAVI
(Student CA Final )
(42 Points)
Replied 30 May 2017
PRABIR PAUL
(*****Accountant***** Never insult to any person for any kind of lack of knowledge or misread.)
(1443 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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