Man of the match income of cricketer is taxable in which head of IT.
SUDHIR & PRADEEP JI (CA FINAL+LLB + DISA) (2299 Points)
08 April 2010
Man of the match income of cricketer is taxable in which head of IT.
Aditya Maheshwari
(CA in Practice)
(35867 Points)
Replied 08 April 2010
Income from business & profession
CA KHAN AURANGZAIB
(ERP FINANCIAL CONSULTANT)
(85 Points)
Replied 08 April 2010
INCOME UNDER THE HEAD
OF "PROFIT OR GAIN ROM BUSINESS OR PROFESSION"
Ratan Deep Saxena
(Asstt Manager (Accounts & Finance))
(2998 Points)
Replied 08 April 2010
Income from business & profession
regards,
ratan
CA Ayush Agarwal
(Kolkata-Pune-Mumbai)
(27186 Points)
Replied 08 April 2010
Income from Profession.
ROI - ITR 4
Vikas Gupta
(CHARTERED ACCOUNTANT)
(16295 Points)
Replied 08 April 2010
Originally posted by : CA KHAN AURANGZAIB | ||
INCOME UNDER THE HEAD OF "PROFIT OR GAIN ROM BUSINESS OR PROFESSION" |
Chintan Vasa
(CA Final Student M.Com)
(1241 Points)
Replied 08 April 2010
As the income is derived in due course of its profession it would taxed inder the head B & P.