Under which head should income from supervisory work on construction site of building be charged.
thnx for reply
Ashish Gupta
(CA Student)
(50 Points)
Replied 30 April 2010
If supervisory work is business of assessee and done on a contract basis, then income from supervision is taxable under head PGBP, but if assessee is doing job as full time/ part time employee and employer employee relationship exists then income is chargeable under head Salary
naroo
(accountant)
(184 Points)
Replied 30 April 2010
pl. tell me what do you mean by PGBP.
even he is not working as employee, he has just cleared the S.R.A schemes of chawl and now sitting in the office of builder to look in to the matter of chawl - resident.
he wants to file his return. I asked for salary certificate, but his employer wont issue to him such.
he has already returned his file before 5 year as cloth dealer. after that he has not filled his return.
now i am too confused that under which head shall i compute his income.
pl help me regarding this matter.
pl. pl. pl. pl. pl. help
Aditya Maheshwari
(CA in Practice)
(35867 Points)
Replied 30 April 2010
yes is work done under contract then business income if employer employee relationship exist then income under the head salary.
Aditya Maheshwari
(CA in Practice)
(35867 Points)
Replied 30 April 2010
Show his receipts as business income as file his return