Nature of Business and Taxability

This query is : Resolved 

16 August 2010 dear all

can anybody suggest me how a dosa wala selling dosa on street should be charged to tax , can he file his return under sec 44AF and he is also a sales agent and he receives commision also and tds is deducted on it.


thanks

16 August 2010 it is better to show as business income
it will not come under 44AF. AS it is not a retail trade.

17 August 2010 Dear CA Sanat Sir

Thanks for your valauable advice

Thanking You.


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