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Business income

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Querist : Anonymous

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Querist : Anonymous (Querist)
07 May 2015 Dear Experts,
Can an assessee show business income for a business of which he is not having a TRADE LICENSE ???
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
16 May 2015 yes. Income-tax reporting is not linked to compliance with other laws.

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