Help Me

The person is the religious preacher and earn money from preaching.

Does the person has to pay tax and file return for the earned income??

 

 

Help me to find the answer

Thank you ..

Replies (12)

off course.. i dont think there is any exemption for income earned from preaching relegion..

yes he has to pay tax if it exceed basic exemption limit.

 

have a look on the discussion given in following link. that will help you

 

https://www.caclubindia.com/forum/treatment-of-income-recieved-by-brahmans-6485.asp

business includes vocation .preaching comes under vocation and therefore has to file return of income  if it exceeds the basic exemption limit

Originally posted by : Narendra Gupta

yes he has to pay tax if it exceed basic exemption limit.

why not

he has liable to pay tax if his income exceed maximun amout not chargeable to incometax

does income earned from preaching come under business income???? or other sources??

Originally posted by : sivaram
business includes vocation .preaching comes under vocation and therefore has to file return of income  if it exceeds the basic exemption limit

thank you sivaram sir .

hi

i am passing lot of problems for income tax ,please help me.

thank you

regards,
phe9oxis,
htp://www.guidebuddha.com.

yes he is liable to pay tax

Hi! I am a CA Final Student. Can anybody help me in getting the CA Final Stategic Financial Management theory notes of Aditya Jain Sir?

Thanks,

Rohit Taneja

Thank u all for ur rply ....

 

Originally posted by : Nikhila

does income earned from preaching come under business income???? or other sources??

Can any one pls rply to this question as Nikhila  has asked??

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