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Income on taxi fare services
An assessee is having income only through through taxi fare. TDS is deducted @ 1% on such income under section 194C. Now he need to file income tax return. Under which head he has to file income? whether "Income from other sources" or "Income from business"?
Replies (3)
Quick Summary
Income from Business/Profession - because it is regular source of Income.
Income from business/profession as this is his business only
Income from business or profession
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