Income from consultancy (GST, Income tax etc).
Should be shown as professional income under pgbp??
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Consultancy charges
Replies (10)
Quick Summary
Yes... You can show the income as professional income under PGPB.
I hope u know the threshold limit...
Yes it should be shown as Income From Business. You can also claim expenses directly related for earning such income. And suppose if the frequency of the consultancy income is just one time and its not your main line of business then you can show it as Income From Other Sources.
@ Mr Esh*ta S Shah.,
Is the above said income shown as Business...?!
Is the above said income shown as Business...?!
I can show above income as income from business?
No...
Show as PROFESSIONAL income Under PGPB.
Show as PROFESSIONAL income Under PGPB.
Okkkkk
I meant as Professional Income under the head PGBP
Okkkkk
As far as I know, it should be shown as a source of income.
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