Heads of income
This query is : Resolved
28 November 2013
under which head the Income from xerox center will comes give with reason.
CA PARAS BAFNA
(Expert)
28 November 2013
Xerox center is a business setup. Income under the head PGBP- (Business Income) will come. Reason- The head PGBP is a specific head for profits and gains of Business or Profession.
.
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Ganeshbabu K
(Expert)
28 November 2013
it is business
.
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and hence chargeable to tax under head profit and gains from business or profession
.
.
and hence chargeable to tax under head profit and gains from business or profession
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