Income tax
This query is : Resolved
Querist : Anonymous
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.
Please do needful.
Thanx in advance.
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.
05 October 2011
It is profession.
Abhishek Ranjan Singh
ARS Solutions
email2ars@gmail.com
+91 9022838615
Abhishek Ranjan Singh
ARS Solutions
email2ars@gmail.com
+91 9022838615
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