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Commission Income • TDS Management • GST Applicability • Expert ITR Filing Support
Commission income refers to earnings received by individuals or businesses for facilitating a transaction or service on behalf of another party. It is commonly earned by:
Real Estate Agents
Insurance Agents
Stock Brokers
MLM Distributors
Freelance Consultants
Marketing Affiliates
This income is fully taxable under the “Profits and Gains from Business or Profession” or sometimes under “Income from Other Sources”, depending on the nature of the transaction.
Feature | Description |
---|---|
Source | Paid by a company, client, or platform |
Frequency | Monthly, quarterly, or on-performance basis |
Mode of Payment | Cheque, bank transfer, UPI, or digital wallets |
TDS Deducted | Usually 5% or 10% u/s 194H |
Business or Profession Head | If income is regular/recurring |
GST Applicability | If commission income exceeds 20L (10L in special states) |
Profile | Applicable ITR Form |
---|---|
Individual with only commission income | ITR-3 |
Opting for presumptive taxation (u/s 44ADA) | ITR-4 |
Also earning salary or rental income | ITR-3 or ITR-4 based on nature |
Note: Commission income is not eligible under Section 44AD (presumptive scheme for businesses).
Type | Tax Treatment |
---|---|
Commission as main income | Taxable as Business Income under ITR-3/4 |
Commission as part-time | If occasional, may be taxed under Other Sources |
TDS deducted by payer | Reflected in Form 26AS – needs reconciliation |
GST charged | Required if income exceeds limit and not exempt |
Business-related expenses
Internet/phone bills
Travel and conveyance
Office rent or home office use
Staff salaries or freelance payments
Depreciation on laptop, bike, etc.
GST paid on inputs (if registered)
PAN & Aadhaar
Commission statements or invoices
Bank statements
Form 26AS / AIS / TIS
Expense bills (if claiming deductions)
GST returns (if applicable)
TDS certificates (Form 16A)
ITR Filing (Non-Audit Cases): 31st July
ITR Filing (Audit Required): 31st October
Advance Tax: If annual tax liability > 10,000
GST Returns (if applicable): Monthly/Quarterly
Feature | Benefit |
---|---|
Accurate ITR Mapping | ITR-3 or ITR-4 based on your situation |
TDS Reconciliation | Match with Form 26AS |
Expense Deduction Planning | Legally reduce tax liability |
GST Filing Support | If required for commission agents |
Presumptive Scheme Guidance | For eligible professionals |
Year-Round Tax Advisory | Advance tax, investment proofs, etc. |
100% Online, Hassle-Free | No visits, all digital |
Real estate brokers filing income with 5% TDS
LIC agents earning commission + bonus
Freelancers earning affiliate marketing commission
MLM distributors earning monthly income
Consultants paid by foreign or Indian clients
“As an LIC agent, I was confused about GST and TDS. SSA TAX made the filing so simple and helped me claim my TDS refund too.”
– Rajeev Sharma, Lucknow
“My digital commissions from affiliate marketing were getting blocked because I didn’t file ITR properly. SSA TAX sorted it all professionally.”
– Priya Mehta, Mumbai
Whether you’re a full-time agent or a part-time consultant, don’t miss out on refunds or risk a tax notice. Let SSA TAX handle your ITR, TDS, and GST needs.
Call/WhatsApp: +91-9773346539/38/34
Email: info@ssatax.in
Website: www.ssatax.in
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Q1. Is TDS applicable on commission income?
Yes, usually 5% or 10% under Section 194H.
Q2. Can I file ITR-1 for commission income?
No, you need to file ITR-3 or ITR-4 depending on your case.
Q3. Is GST applicable on commission?
If your total commission exceeds 20L (10L in special states), GST applies.
Q4. Can I claim business expenses?
Yes, if filing under regular provisions (ITR-3), you can claim all genuine business-related expenses.
Q5. What if I don’t file my commission income?
Non-filing may result in tax notices, penalties, or interest under various sections.
Your commission income needs smart filing to avoid penalties and save tax.
SSA TAX offers affordable and accurate ITR services for agents, consultants, and freelancers.
Book your FREE consultation today.