Nature of income by recruitment agencies

This query is : Resolved

CA Sunil Kumar CS (Querist)
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28 October 2017 Dear Experts
kindly clarify whether the income by recruitment agencies come under professional income or business income for presumptive taxation purpose

CA Ysil Karunai

CA Ysil Karunai (Expert)
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28 October 2017 The Service done by recruitment agency service is more or like business support/ management consultancy. But that there is a thin difference only about the nature of business is fall under professional or non-professional and It should be analyzed based on facts & circumstances.
In my view, they are not come under presumptive taxation scheme since, they charge their income like a percentage, referral fees, placement fees etc., It's in the form of commission or similar category.
Any views are welcome!

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