Our Recommendations :-
Follow CA Final FB Page

Is there any distinct difference between commission and brokerage?

Open uri20170510 32134 7ezpi6?1494421819 jaggu asked over 3 years ago

Is there any distinct difference between commission and brokerage?

    0       0 Answer Now Comment Report
2 Answers
Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 Anil Dhawan answered almost 3 years ago

Commisiion: There are agents who purchase the goods from the manufacturer and sell them to the consumer. In a sense, such agents bring the manufacturers and the consumers together for transaction. The remuneration which an agent gets for his services in the transaction is called commission. Brokerage A broker is that middle-man who brings together a prospective seller and a prospective buyer and negotiates the sale between them. The commission that he gets is called brokerage, which may be charged from both the parties.

    0       0 Comment Report
Important Note – Preparing for CA Final?
CAKART provides Indias top faculty each subject video classes and lectures – online & in Pen Drive/ DVD – at very cost effective rates. Get video classes from CAKART.in. Quality is much better than local tuition, so results are much better.
Watch Sample Video Now by clicking on the link(s) below – 
For any questions Request A Call Back  
Open uri20170510 32134 blndvi?1494421794 Raja answered over 3 years ago

Dear Mr.Jaggu, **Commisiion:** There are agents who purchase the goods from the manufacturer and sell them to the consumer. In a sense, such agents bring the manufacturers and the consumers together for transaction. The remuneration which an agent gets for his services in the transaction is called commission. **Brokerage** A broker is that middle-man who brings together a prospective seller and a prospective buyer and negotiates the sale between them. The commission that he gets is called brokerage, which may be charged from both the parties. Thanks,

    0       0 Comment Report
Get Notifications
Videos
Books
Notes
Loading
SIGN UP
Watch best faculty demo video classes

These top faculty video lectures will
help u prepare like nothing else can.