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Income Tax - Highlights / Catch Notes

Home Highlights January 2018 Year 2018 This

Nature of income - salary income or busniss income - the ...


Professional Contracts Classified as 'Contract for Service,' Not 'Contract of Service,' Affecting Income Tax Treatment.

January 17, 2018

Case Laws     Income Tax     AT

Nature of income - salary income or busniss income - the assessee has only Business Income and not Salary Income, hence, the professional contracts carried on by assessee are treated as ‘contract for service’ and not ‘contract of service‘ - AT

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