Profession or business ?

In my opinion it will be considered as 'profession' because considering provision of section 44AA following are covered under specified professionals:

1. Technical consultancy and

2. Information technology professionals.

Regards,

Shraddha

Profession

CIT v. Smt. Pratima Saha [2000]

The words ‘technical or professional qualifications’ do not necessarily mean the possession of any certificate, degree or diploma from a recognised institution

The words ‘technical or professional qualifications’ do not necessarily connote a qualification conferred by a recognised university after examining the candidate who has undergone a course of study in a technical subject or a course of study preparing him for a profession like law, accountancy, etc. The term ‘qualification’ must be given a wide meaning as referring to the qualities which are required to be possessed by a person performing the work that he does so as long as that work is capable of being regarded as technical or professional. The word ‘professional’ is a term capable of very broad meaning and would encompass varieties of occupations although the term is capable of being given a limited meaning where the context so requires

Profession : person doing with his own skills

Business : need not nessesary acquire skills

Agree with.... Celiena  goel. it will be a business not a consultancy