Income tax
This query is : Resolved
28 February 2013
Where to show Pandit's Income and under which section?
02 March 2013
If the person is getting a fixed income from a temple, it would be taxed under the head Income from salary. Any other income earned by him in the capacity of Pundit of a temple, it should be taxed under Income from other sources.
If he is performing Pooja etc as a freelancer, it should be taxed under the head Income from business or profession. As they have gained professional knowledge to execute these task.
If the person is getting a fixed income from a temple, it would be taxed under the head Income from salary. Any other income earned by him in the capacity of Pundit of a temple, it should be taxed under Income from other sources.
If he is performing Pooja etc as a freelancer, it should be taxed under the head Income from business or profession. As they have gained professional knowledge to execute these task.
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