Hey people help me out.
Is income of a person who has a dairy income exempt from tax.
As per me it is fully taxable. still if u have a different opinion please please please let me know ????
Hey people help me out.
Is income of a person who has a dairy income exempt from tax.
As per me it is fully taxable. still if u have a different opinion please please please let me know ????
You are right in your view. Dairy income is not covered under agrticlutural income list, so it is fully taxable under head PGBP.
taxable under the head Profit and Gains from Business/Profession..........
it is taxable under the head of PGBP
YEAH TAXABLE
| Originally posted by : Saharsh 'Hellrokr' | ||
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Hey people help me out. Is income of a person who has a dairy income exempt from tax. As per me it is fully taxable. still if u have a different opinion please please please let me know ???? |
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Dear Saharh your observation is correct as the same is fully taxable. I have confirmed from my friend.
Taxable under the head PGBP.
Can we claim fee paid for for coaching for engineering entrance as tution fees U/s 80C?
Ya...I agree it is taxable under the head PGBP.
taxable under the head Profit and Gains from Business/Profession..........
| Originally posted by : Deebu | ||
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Can we claim fee paid for for coaching for engineering entrance as tution fees U/s 80C? |
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IF IT IS PAID TO PRIVATE INSTITUTE,THEN NOT ALLOWED.
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