Tours given by suppliers

Yes that is also taxable as business income and will form part of indirect income from business

Hi, Sales promotion of the retail trader or supplier? If it is sales promtion of retail trader then it is taxable as business income. If it is sales promtion of supplier so that retail traders buy his product then it is not taxable in the hands of retail traders. But it is sales promotion of the product of the supplier then the taxablity of the same should be decided by case laws. If it is a normal perq like free tour for family not at all connected with business then not taxable. Regards Kathik VKulkarni