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Income tax

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Querist : Anonymous

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Querist : Anonymous (Querist)
12 June 2017 Income from selling of homemade meals at a very small scale (and is not a business),chargeable under which head of income, under income tax act ?
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
12 June 2017 how is it not a business? file ITR4 or ITR3 depending upon the turnover and applicability of 44AD>
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Querist : Anonymous

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Querist : Anonymous (Querist)
12 June 2017 Can it be chargeable under the head other sources?
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CA Rashmi Gandhi

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CA Rashmi Gandhi (Expert)
12 June 2017 You can charge it under B&P and Other source s also.
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Querist : Anonymous

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Querist : Anonymous (Querist)
12 June 2017 Is there any case law or provision for that in act or rules ? So that i can charge it under the head other sources....

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