What is the tax structure for Exhibition cum sale

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Detailed points
1. Exhibition takes place at different locations for a period of 30 - 60 days at different locations within the state karnataka.
2. 40 - 50 Small traders take part in the exhibition to sell different types of goods.
3. Income in form of rent received from such small traders.
4. Major part of expense in form of rent to be paid to landlord of the location.

Please guide.
Replies (3)

It will come under head of business income.

What are the registrations required?

You dont need any registrations. You can merely start in your personal name as proprietorship.

Ping me at ruchasom @ gmail.com will guide you


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