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income head

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Gaining knowledge
1039 Points Posted on 22 November 2017
Dear Experts,
(1). if son is working in the shop of his father, is tht salary income?
and wht amount will be salary?

(2). If his son only carry on shop, or father not preparing ITR then it will be business income for the Son?
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On 22 November 2017 at 16:08 Report
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Student
1511 Points Posted on 22 November 2017
(1) there must be employer and employee relationship between payer and payee.
since there is no employer and employee relationship so amount is not salary.
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On 22 November 2017 at 16:33
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Gaining knowledge
1039 Points Posted on 22 November 2017
then wht will be tht income under which head?
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On 22 November 2017 at 16:39
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Student
1511 Points Posted on 22 November 2017
(2) business income head PGBP but son should carry business for previous year and should pay tax.
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On 22 November 2017 at 16:42
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Student
1511 Points Posted on 22 November 2017
business owner/proprietor should be son and should file itr
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On 22 November 2017 at 16:45
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Gaining knowledge
1039 Points Posted on 22 November 2017
if owner is his father and he work with his father, then wht will be head for son's income?
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On 22 November 2017 at 19:11
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Gaining knowledge
1039 Points Posted on 22 November 2017
second question... if his father stop filing ITR then his son file ITR for whole business income?
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On 22 November 2017 at 19:13

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