TMI BlogTIP taxabilityX X X X Extracts X X X X X X X X Extracts X X X X ..... TIP RECEIVED IN HOTEL LINE IS TAXABLE UNDER WHAT HEAD - Reply By Sachin Agarwal - The Reply = Dear Nav Hind, TIP will taxable in the head of teh Business or profession. please write i ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... f there is any other confusion in this regard. [email protected] - Reply By Sunil Jain - The Reply = Technically speaking Tip recd in hotel business is paybale to the staff and is to be cre ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... dited as receipt and debited in Tips and incentive account. However in case the entire amount is not paid to the staff the diffrence will automatically be shown as part of income in the profit and los ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s account of the assessee. - TIP taxability - Query Started By: - NAV HIND JAIN Dated:- 20-2-2009 Income Tax - Got 2 Replies - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an exp ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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