Is it profession & business

Roopeshkumar L (Artical) (142 Points)

26 June 2012  

hi   all............,

One of my client rendring services of Chartered Engineering, registred Valuer & Industrial Consultant . he has crossed  receipts of  20 Lakh during the previous year.

Wheather it is Taxable under Business or Profession ................................?

And is he Liable for TAx Audit..........................................?