Nature of income
This query is : Resolved
Ashish Khillan
(Querist)
04 September 2017
profit earned by selling second hand mobiles is under which nature of bussiness income?
Amol S Joglekar
(Expert)
05 September 2017
it is trading business.....you can select retail trading
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Ashish Khillan
(Querist)
05 September 2017
trading other (204), if he sold without shop ?
Amol S Joglekar
(Expert)
06 September 2017
shop is NOT a decisive criteria......he can sell it from any where.
Ashish Khillan
(Querist)
06 September 2017
yess, trading other (204) is correct?
Amol S Joglekar
(Expert)
06 September 2017
204 is fine.No problem. You can go ahead.
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Ashish Khillan
(Querist)
06 September 2017
yesss thank you Sir
Amol S Joglekar
(Expert)
06 September 2017
you are most welcome.....
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1 times
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