Easy Office
LCI Learning

Taxablity of Tips earned by a waiter


06 November 2009 A waiter has received during the year amount which is less than rs. 50000 from his customers as tips. provided that his other income exceeds basis exemption limit please tell me in which head this income is taxable and why?

06 November 2009 income u/h other sources





07 November 2009 OFOS COVER ALL OTHER INCOME WHICH ARE NOT COVERED BY OTHER FOUR HEAD OF INCOME.


07 November 2009 agree with all the experts

07 November 2009 The Income of Tips will be filed on the Head "Income From Other Sources"

08 November 2009 Is waiter cover under the definition of professional or vocation?



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries