Dear student,

The course is similar to B.Com (H). The difference lies in the fact that you can specialize in a certain subjects in B.Com (H), but the B.Com (P) course gives you an overview of all those subjects taught in the honours course.

You are taught in depth, about the subjects

You are given an overview of the subjects.

You can specialize in subjects like Accounting or Economics

On the other hand,

The industry demand for the honors program under B.Com is much higher than the regular program. With the distinction between the two clear in your mind, it should be relatively easy to make your decision .
Hope this might help you.