Income taxable or not
This query is : Resolved
16 January 2017
Assessee is a Saint / Pandit who performs Bhagvad Katha and other Activities.
Is his Income Taxable or not?
If Yes, then under which Head and If Not then Quote the Exemption Section.
Is his Income Taxable or not?
If Yes, then under which Head and If Not then Quote the Exemption Section.
18 January 2017
So far my knowledge goes, No exemption. If it is a regular activity then this can be treated as Income from Business and Profession.
19 January 2017
Thank You Mam. Yes its a Regular Activity.
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