Business or professional income

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Dear Sir,

An Assesse deals with Flipkart, Snapdeal etc, i.e. he get orders from these companies and he provide the delivery of goods to customers on behalf of these companies. Whether these type of job is treated as business or professional income.

 

Thanks,
Abhishek.

Replies (3)

business income

Dear Madam,

Are you sure it will be business income because the income is above Rs. 50.00 Lacs in A.Y. 2016-17 which will be liable for tax audit in case of Professional Income. Please answer my last query.

 

Thanks,

Abhishek.

Yes this is ur PGBP income.                                       


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