Assessment of Income
This query is : Resolved
27 January 2010
Income of an artist/painter is assessable under which head?As Business Income or as profession.Whether there are any special deductions available to such an assessee?
27 January 2010
It is coming under Profession and there is no special deductions only usual deductions
28 January 2010
It should be taxed under Income from Profession as this work demands special skills.
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