Definition of professional as per income tax act

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Querist : Anonymous (Querist) 13 March 2012

Which Section or Rule defines 'profession' or 'professional income'


B.Chackrapani Warrier (Expert) 13 March 2012

An inclusive definition is given is section 2(36) of the Income tax Act,1961. For a better understanding, can read the judgement in http://law.incometaxindia.gov.in/DitTaxmann/incometaxacts/2007itact/%5B1993%5D204ITR0093(BOM).htm



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