Direct tax


This query is : Resolved 

30 October 2013 The question whether a particular income is income f
rom salary or is income from
business depends upon
whether the contract is a
contract of service
or is a
contract
for service?????
with Illustrate.

02 November 2013 For salary income there should be relationship of employer and employee exist Otherwise that income cannot be called as salary income.

other contract income covered under business income


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