Politicians
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
04 March 2010
Dear Friends,
Will a Politician be considered as a businessman or a professional for the purpose of filing his IT returns u/s 44AB ?
Thanks in Advance.
Will a Politician be considered as a businessman or a professional for the purpose of filing his IT returns u/s 44AB ?
Thanks in Advance.
04 March 2010
Income received by politicains is taxed under the head income from other sources i. e. income received from parliament. So where is the question of his income being business income in the first case?
04 March 2010
Dear Anonymous Freind,
Depend upon the source of income.
If disclosed:
remuneration and sitting fees:other source
if he is doing business or in any profession other than politics: PGBP
if undisclosed : To bhagwan hi malik hai...!!!!!
Depend upon the source of income.
If disclosed:
remuneration and sitting fees:other source
if he is doing business or in any profession other than politics: PGBP
if undisclosed : To bhagwan hi malik hai...!!!!!
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
Unanswered Queries
- Manual Rectification through AO
- IT Return filed defective u/s 139 (9)
- Fixed Deposit Claim Relinquishment by the Nominee
- Defective Return - Tds on advance
- Not a CA , can we prepare balance sheet
- TCS ON SOFTWARE SALES
- Income Type for interest from government bonds
- Adjustment at the beginning of the year
- Bifurcation of prepaid expenses
- Is income taxable or receivable or received in case of LLP and company
- TDS - Form 26QB - Installment - Final payment Query
- ITR 6 Schedule CFL and UD Issues
- Gstr 9 2023-24
- GSTR-9 HSN Summary and Credit Note without item
- 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
Trending Online Classes
-
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India
Mr.Balamurugan Ranganathan15 November 2024
CAclubindia
