Hello Sir,
A person, owner of Uber Cab, having also income form coaching center.
Whether Income form uber can be charged under the head of OTHER SOURCES in particular of rental income from machinery, plant and building, after deduction all expenses.
Menu
Income Tax Head
Replies (5)
Yes, if the income from coaching center be your main business; and TDS deduction from Uber is marginal.
So can I show income from uber directly to the Head of OTHER SOURCES after deducted expenses related to uber cab....
Yes, but not depreciation over vehicle.
Thanks Sir
Welcome, Dear ...
Recent Threads
- Exports against INR PO payable by Domestic Company
- Which websites are best for government exam prepar
- TDS on maturity payment of LIC of india
- ITR2 Gold ETF short and long term
- Query under faceless assessment
- Purchase of business
- Refund of ITC for advance paid to overseas supplie
- Clubbing query (when gifts given to multiple fami
- Transfer Pricing Audit Upload Form 3CEB - Income T
- Only a Few Pages Indexed by Google Despite Sitemap
Related Threads
CAclubindia
