Full time consultancy - taxable under which head?


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Querist : Anonymous

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Querist : Anonymous (Querist)
22 January 2013 A person receiving COnsultancy fees every month from an institute for teaching as well as providing useful inputs & material to the institute, TDS deducted@10% under 194J


@VaibhavJ (Expert)
22 January 2013 hi..

yes itz correct..

thanks!!

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Querist : Anonymous

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Querist : Anonymous (Querist)
23 January 2013 my question is whether the income is chargeable to tax under Business/profession or other sources?

@VaibhavJ (Expert)
23 January 2013 hi

Its Business Profession.

Thanks!!


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