interest income vs appropriate head

LAKSHMI KANTH (TAX CONSULTANT) (449 Points)

12 August 2019  
Sir. one of my client has taken a bank loan and given it to private individual for interest. interest received from the private individual and interest paid on bank loan is considerably high amount. He is in employment field. now do i have to offfer such income either under IFOS OR INCOME FROM BUSINESS/ PROFESSION.kibdly advice.