One of my client is in employment of a company . Other than salary income he has shares trading and some consultancy services income.
Can I show this income under income from business profession?
Yes, it has to be declared u/h. PGBP.
As such shares trading income (under head PGBP) is earned by many such employees without any restriction/s.
So Sorry...
" Your gesture has not been conveyed, as you have exceeded the limit of number of thanks allowed !!!"
No Dear ...
We are always together.......
| So I think problem comes in case of consultancy services and not in case of shares trading income | ||
As such, if the commission income can be also declared under IFOS, if amount/transactions are not much.
CAclubindia
