head classification?

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ROSHAN PAUL JOSEPH (Querist)
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06 June 2011 mr. A, has been posted as Training Coordinator under GFATM project on a consolidated salary of Rs.30,000/- p.m
the appointment under GFATM(Global Fund to Fight AIDS, Tuberculosis and Malaria) is on contract basis for a period of one year subject to continuation/termination based on performance.

under which head of income does it falls??
INCOME FROM SALARY
OR
PROFITS AND GAINS OF BUSINESS/PROFESSION
is there any exemption for this income??

Pankaj Gandhi Jaiswal

Pankaj Gandhi Jaiswal (Expert)
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07 June 2011 Some time employee employer make a contract so you need to check more in depth if employer and employee relationship exist then it will be treated as salary and contract will be irrespective...if no such relation and employee is a independent person then Income from BP will be applicable

CA Jeen paul

CA Jeen paul (Expert)
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08 June 2011 employer and employee vis-a-vis principle and agent
an employee works under the direct control and supervision of his employer. He not only receives instructions from his employer but is subject to right of employer to control the manner in which he should carry out the instructions. on the other hand, an agent is generally free to carry out his principals instructiions according to his own discretion.

check whether the aforesaid contract has the charecteristci of employee-employer or principal-agent
if first is the case salary
second is the case profession

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