event management
vijay mohan (159 Points)
14 September 2018
income from event management will come under what head. it is professional or business income
vijay mohan (159 Points)
14 September 2018
Ashwin Kumar
(1229 Points)
Replied 14 September 2018
Both the professional and business income are taxed under the head pgbp.
vijay mohan
(159 Points)
Replied 14 September 2018
Ashwin Kumar
(1229 Points)
Replied 14 September 2018
I think since event management does not involve any purchase and sale goods or any act of commerce but just personal skills and labour would do........its professional income....correct me if i am wrong.
rama krishnan
(12234 Points)
Replied 14 September 2018
vijay mohan
(159 Points)
Replied 14 September 2018
rama krishnan
(12234 Points)
Replied 14 September 2018
Rakesh AGarwal
(Partner)
(24 Points)
Replied 31 May 2021
I think its a service in nature of business. Profession is one with some professional qualification. all services do not come under profession
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