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Income tax

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Querist : Anonymous

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Querist : Anonymous (Querist)
04 October 2011 If i am engaged in development of WEB sites, than whether it will be considered as my business or have to consider it as a Profession for section 44AB.

Please do needful.
Thanx in advance.
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CA. Deepak Narula

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CA. Deepak Narula (Expert)
04 October 2011 Preparing computer software programme and selling the same is considered as notified profession for section 44AA and 44AB. So, according to my view, developing of websites is also a profession and not a business.
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Abhishek Ranjan Singh

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Abhishek Ranjan Singh (Expert)
05 October 2011 It is profession.



Abhishek Ranjan Singh
ARS Solutions
email2ars@gmail.com
+91 9022838615
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