My friend is software programmer employed in IT Company from where is earn the salary income. during the F Y 2015-16 very first time he also provide his consultancy to other IT firm in nature software programming guidance and earn 3 lacs ( TDS deducted 30000) weather he is required t maintain books of accounts ? and to file the ITR with p&l and B/s
he has expended rs 180000 Rs to earn his consultancy income thus his income from consultancy is net 120000/-
30 July 2016
Does coaching An IT employer's Employee is in nature of technical consultancy as he was providing coaching to the employee of the company , for grooming their knowledger
CAclubindia
