Income tax
This query is : Resolved
20 July 2013
if income from pandtai or donation pl tell us the head of income tax and itr form
20 July 2013
"Panditai" is a vocation.
.
Profession includes vocation. Section 2(36).
.
So Panditai is a profession.
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As per Section 28(iv) donation is a perquisite and covered under professional income.
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Hence ITR-4 is applicable.
.
Profession includes vocation. Section 2(36).
.
So Panditai is a profession.
.
As per Section 28(iv) donation is a perquisite and covered under professional income.
.
Hence ITR-4 is applicable.
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