Ruchika Somani
(Coaching and Practice in Tax Audit Law.)
(4429 Points)
Replied 29 August 2018
Originally posted by : Nishu Kotian | ||
contract is business or profession |
Business
ANKIT SACHDEVA
(A/c Manager at Pallavi Rajput & Co. (Chartered Accountants))
(244 Points)
Replied 29 August 2018
Depends upon Type of Contract. if it for supply of material then it is Business. or if it is for Supply of Services then it is Profession.
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961