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Income Tax - Highlights / Catch Notes

Home Highlights March 2016 Year 2016 This

Nature of receipts of the assessee - income from salary or ...


Court Rules Assessee's Income as Professional, Not Salary; Taxable Under "Profits and Gains of Business or Profession" Section.

March 30, 2016

Case Laws     Income Tax     AT

Nature of receipts of the assessee - income from salary or professional receipts - No employee and employer relationship - The sole reason given by the authorities below was that the assessee is a salaried employee and not the professional. - assessee is a professional, income is taxable under the head PGBP- AT

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