Audit

This query is : Resolved 

27 June 2012 I AM RECIEVING FACILITATION FEES FROM RMP INFOTECH PVT LTD FOR WHICH THEY ARE DEDCUTING TDS AND GIVING ME 16 A FORM MY QUESTION IS WHETHER MY ABOVE INCOME WILL BE TREATED UNDER PROFESSION OR BUSINESS WILL I BE LIABLE FOR AUDIT PLEASE EXPLAIN

28 June 2012 TDS must have been deducted u/s 194J. Accordingly it shall be taxable as professional income.


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