is supplying of food in restaurants
considered as sale of goods or sale of service for income tax return filing purposes ??
2 Replies
Priya Mangal
(119 Points)
Replied 20 November 2018
it doesn't matter that in which occupation is running by you if your income exceed the limit then in that case you are eligible to filed a income tax return under section 139(1)
Nitesh bind
(Student CA Final )
(12692 Points)
Replied 21 November 2018
Yes, As far as income tax is concerned it is of no value whether it is supply of Goods or service. All which is to see is the income and whether the income exceeds the Exemption limit or not.
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