income from source of property broker. it will tax as business or profession
4 Replies
Manoj Mehta
(Head Of Department (Accounts & Finance))
(1479 Points)
Replied 17 March 2014
Dear arpit it will be considered as business as no professional qualification required to do so. Regards
Arpit
(article)
(116 Points)
Replied 18 March 2014
In 2012-2013 assesse purchase a house for rs 600000. for filling return for year 2011-2012 i can show cash balance of 600000. assess is protery dealer and have income upto expemtion limit.
CA Saroj Kumar
(Keen to learn something new every moments)
(2588 Points)
Replied 18 March 2014
yes u can show it.
VAIBHAV
(VICE CHAIRMAN)
(26 Points)
Replied 18 March 2014
AS I THINK IT IS CHARGEABLE AS BUSINESS INCOME
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