No tax on Profits or Gains From Business or Profession !!
This query is : Resolved
07 February 2008
Seems Funny. Can I escape tax saying my income or profit or gain as "EARNING" ? under the head Profits and gains from business or profession ?
I mean to say does the EARNING taxable under income tax ?
If yes, where it is mentioned ?
It is known that Income/profit/gain is taxable but EARNING ?
I mean to say does the EARNING taxable under income tax ?
If yes, where it is mentioned ?
It is known that Income/profit/gain is taxable but EARNING ?
07 February 2008
You may say any thing! But, its real nature is what matters.
07 February 2008
You may say anything! But,its real nature is what matters.
07 February 2008
You may say anything! But,its real nature is what matters.
22 February 2008
It is really funny. Who told you that earning is not taxable in Income Tax Act. If your income fall under any definition of incomes in Act u have to pay tax
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