Consultancy / Professional fees Taxable
This query is : Resolved
16 June 2010
Dear All,
I have enrolled for COP since last year and am receving professional fees 4 consultancy from a 100 % EOU firm @ 15000/- per month. I do not have any other source of income. HOw will my income b taxable? Kindly reply.
I have enrolled for COP since last year and am receving professional fees 4 consultancy from a 100 % EOU firm @ 15000/- per month. I do not have any other source of income. HOw will my income b taxable? Kindly reply.
16 June 2010
My view ..your income will be taxable under Business and Profession. According to me, it is nothing to be done with EOU.
Experts views are solicited........
Experts views are solicited........
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16 June 2010
agree
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1 times
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