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Income from repair job
Sir I want to know that the income from repair work from electrical ,Electronics goods and other kinds of repair job comes under the head Income from other source or Income from business or professional.Thanks.
Replies (2)
Quick Summary
It can be considered under both.
If it is your main source of income and you have a separate bank account for this or something which shows on record that it is your main source of income like any registration somewhere, you can treat it as your business.
Otherwise treat it like other source.
Agree with CA Saloni Ma'am.
If you are maintaining a separate Current Account for your Repair Work Services, then you can show it as a PGBP INCOME. Otherwise show it under Income from Other Sources.
If you are maintaining a separate Current Account for your Repair Work Services, then you can show it as a PGBP INCOME. Otherwise show it under Income from Other Sources.
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