Man of the match income of cricketer is taxable in which head of IT.
Man of the match income of cricketer is taxable in which head of IT.
Income from business & profession
INCOME UNDER THE HEAD
OF "PROFIT OR GAIN ROM BUSINESS OR PROFESSION"
Income from business & profession
regards,
ratan
Income from Profession.
ROI - ITR 4
| Originally posted by : CA KHAN AURANGZAIB | ||
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INCOME UNDER THE HEAD OF "PROFIT OR GAIN ROM BUSINESS OR PROFESSION" |
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As the income is derived in due course of its profession it would taxed inder the head B & P.
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