Tax liability
Querist : Anonymous
TELL ME IN WHICH HEAD HIS INCOME WILL BE TAXABLE.
IS INDIAN GOVERNMENT ALLOWS ANY EXEMPTION TO THESE TYPES OF BEGGARS.
Section 2(36) defines as "profession" includes vocation.
You can show his income under the head Income from Business & Profession.
.
Indian Govt does not allow any exemption to
any type of beggars as it do not want to promote such activity.
.
Querist : Anonymous
if a person works for whole night and earns (business) rs.200000/- and in day he beags maney from people. his income from that source is rs.150000,
what would be ur answer
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