Rishi Mehta
(Ur friend )
(1533 Points)
Replied 27 December 2017
Taxable as a salary income.
Principle and Article relationship is that of Employer and employee . Any sum received as a compensation for service rendered and where relationship of Employer and employee exist, then, compensation so received will be treated as a salary income.
Dipesh Jha
(PRACTICE )
(673 Points)
Replied 27 December 2017
kumar
(CA-Final)
(113 Points)
Replied 27 December 2017
g.surya narayan patra
(Student )
(38 Points)
Replied 27 December 2017
There is Principal and Student relationship between Article with principal. hence no salary is there.
GST LIVE Certification Course - 42nd Weekend Batch(With Govt Certificate)