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Income tax

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Querist : Anonymous

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Querist : Anonymous (Querist)
22 May 2012 a doctor is organised conference about knowledge and update of new decease.

a new bank account is open.. and fix membership fee is received who wants to attend the conference...

who is liable to assessed for tax liability for this profit and loss....

how is taxability of this events and who is
liable for this assessment....

whether this is exempt due to object of this event is not a trade & commerce.....
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CA Navin Jain

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CA Navin Jain (Expert)
22 May 2012 INCOME WILL BE TAXABLE UNDER THE HEAD OF BUSINESS AND PROFESSIONAL.
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Querist : Anonymous

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Querist : Anonymous (Querist)
22 May 2012 in whose assessment?
whether new entity in the name of conference name or organisor is the assessee...?

who is the assessee?
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