Definition of professional as per income tax act
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
13 March 2012
Which Section or Rule defines 'profession' or 'professional income'
13 March 2012
An inclusive definition is given is section 2(36) of the Income tax Act,1961. For a better understanding, can read the judgement in http://law.incometaxindia.gov.in/DitTaxmann/incometaxacts/2007itact/%5B1993%5D204ITR0093(BOM).htm
Message likes :
2 times
15 April 2018
DEFINITION OF PROFESSIONAL AS PER INCOME TAX
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
- SEC 54 OF IT ACT
- Form 26QB for TDS on property
- CPC Processing IT Return for AY 2023-24 without recognizing the Taxation Option under New Regime
- Is Aadhar PAN linking required for opening bank account?
- Where to show the RCM on Rent paid to unregistered landlord
- Payable outstanding for years disallowance
- RCM - commercial rent paid to URP under GST
- Offsetting interest income against derivative trading losses
- DTCP approval
- BLOCKED-INELIGIBLE GST CREDIT
- Regarding Form 15CA & CB
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding Resignation by Auditor from Pvt. Ltd.
- Regarding einvoice taken on nil rated sales
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
