Income tax applicipality

Respected Sir,

 
     1. I wanted to know providing man power service is business or profession 
     
     2. i work from home i am self employed professional with 2 clients i manage them with online e learning system i attend workshop etc And i also engage in building business activities i want to know is this my service for income tax purpose is it business or profession as i want to know on which income i will charge tax at Rs 25,00,000 or Rs 1,00,00,000
Replies (4)

One can argue that  providing man power service is a business and not profession.

https://www.lawyersclubindia.com/forum/Manpower-recruitment-agency-business-or-profession-audit-65404.asp#.U7O0_5SSwxA

Originally posted by : SUKSHAM ARORA
One can argue that  providing man power service is a business and not profession.

https://www.lawyersclubindia.com/forum/Manpower-recruitment-agency-business-or-profession-audit-65404.asp#.U7O0_5SSwxA

 

Thank you for such a useful information but can you guide me what to do in second case 

Originally posted by : SUKSHAM ARORA
One can argue that  providing man power service is a business and not profession.

https://www.lawyersclubindia.com/forum/Manpower-recruitment-agency-business-or-profession-audit-65404.asp#.U7O0_5SSwxA

 

I AM NOT SURE ABOUT THAT BUT I FEEL THAT YOU SHOULD TREAT THEM SEPERATLY AND LIABLE FOR THE AUDIT ONLY IF BUSINESS TURNOVER EXCEEDS 1 CR. AND PROFESSIONAL RECIEPTS EXCEEDS 25 L INDIVIDUALLY

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