Salary & business income

Hello!

I derive income both from salary and from freelancing (which i treat as a business as i am not the who is providing the service). But the amount gets credited into my account (same account as my salary gets credited) i transfer 95% to the guy who actually does the work who supposedly is my brother.  

As the business is not registered do i need to show it my ITR as business income or not?? 

Replies (3)
Quick Summary
This discussion clarifies whether freelance income, paid into a personal account and then passed on to the actual service provider, needs to be declared as business income on your Income Tax Return (ITR). The consensus is that all income receipts must be disclosed, regardless of whether the business is registered or not. The income is correctly classified as business income since you are not the one providing the service.

All receipts in the nature of income need to disclosed in ITR.

Whether business is registered or un-reregistered, it has no relation to ITR angle

Thank you, i think i am right in assuming the income gets classified as business income not the professional income as i am not the one who is providing the service.

any update on this please?

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