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Commision income

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travel agent commision is taxable under which head ??
Replies (4)

Income chargeable under the head PGBP...

Travel agent commission is taxable under head Profits and Gains from business nd Profession.

its mean all commision is taxable under PGBP ??

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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