Taxability of Honorary Remuneration

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382 Points Posted on 21 December 2021
If after retirement, assessee continue with the organization on honorary remuneration, then under which head income will be shown as per income tax act?
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On 21 December 2021 at 12:51 Report
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This discussion explores how honorary remuneration received after retirement should be classified for income tax purposes. The core question is whether such income falls under the 'business' head or 'income from other sources' according to the Income Tax Act. The asker is seeking specific case law or circulars for definitive guidance on this tax matter.

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126 Points Posted on 21 December 2021
Either under business head or other sources
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On 21 December 2021 at 13:58
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382 Points Posted on 22 December 2021
Thank you sir for the reply. Can you please help me by providing reference of any case law or circular with respect to the same.
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On 22 December 2021 at 22:13

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