Consultancy / Professional fees Taxable
This query is : Resolved
16 June 2010
Dear All,
I have enrolled for COP since last year and am receving professional fees 4 consultancy from a 100 % EOU firm @ 15000/- per month. I do not have any other source of income. HOw will my income b taxable? Kindly reply.
I have enrolled for COP since last year and am receving professional fees 4 consultancy from a 100 % EOU firm @ 15000/- per month. I do not have any other source of income. HOw will my income b taxable? Kindly reply.
16 June 2010
My view ..your income will be taxable under Business and Profession. According to me, it is nothing to be done with EOU.
Experts views are solicited........
Experts views are solicited........
Message likes :
1 times
16 June 2010
agree
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- ITC temporary reversal and reclaim
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- TDS U/S. 194NF
- Applicable TDS rate for sale of property in Nov 2024
- RCM INVOICING FROM NOV-2024
- Event company query
- MIS MATCH OF INVOICE NUMBER
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
Trending Online Classes
CAclubindia
