Net Marketing business Comes under what nature of Business In the ITR Form ?????????
6 Replies
U S Sharma
(glidor@gmail.com)
(21063 Points)
Replied 14 April 2011
net market business is nothing but representation of your online office, the transactions taken place in net business or e commerce is subject to relevant taxes, i.e if sales of goods are effected than vat/cst, if services offered through net then service tax, if sale of goods from self manufacture then excise / vat/cst.
U S Sharma
(glidor@gmail.com)
(21063 Points)
Replied 16 April 2011
| Originally posted by : Kumar | ||
 |
Would it be professional receipts or business reeipts? |
 |
net marketing is nothing but representation of yourself online, tax is levied on what u sell or offer.
if u earn from net by solving something or posting something, then its IOS/ income from professional services.
Kumar
(-)
(38 Points)
Replied 16 April 2011
if u earn from net by solving something or posting something, then its IOS/ income from professional services.
Will it still be professional receipts if you do not hold a profesional qualification in this field and employ a staff of 10-20 people (all non-professionals by qualification) who togetther carry out this?
U S Sharma
(glidor@gmail.com)
(21063 Points)
Replied 16 April 2011
professional skill is not certified with documents, but its certified with field work
registrations and documents for tax is the obligations for professionals,
if the clients qualify the person as professional without document, who else can bar them?
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