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Business or profession (Income Tax)

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This query is : Resolved


( Author )
16 July 2012

Dear Experts,

is advertising and animation business or profession as per the Income Tax Act?

Regards,



CA Navin Jain

( Expert )
16 July 2012

CLAER WHICH TYPE OF ADVERTISING?


CA Sukanya R

( Author )
16 July 2012

Dear Experts ,

Is advertising considered business under Income Tax Act?

Regards,


CA Navin Jain

( Expert )
16 July 2012

if advertising is perform bu human being then considered professional otherwise considere business income.


CA Sukanya R

( Author )
16 July 2012

Please explain what do you mean by advertisement done by human being.


CA Navin Jain

( Expert )
16 July 2012

advertisement by Salman Khan for Suzuki.


CA Sukanya R

( Author )
16 July 2012

Understood,thank u



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