Taxation of Business Income
tax mh_cet_law advanced mcq_helpKaun se rule kahte hain ki koi bhi vyavsayik kaam karne ke liye tax payer ko registration karwana padta hai?
A) Section 188 Income Tax Act B) Section 194C Income Tax Act C) Section 194B Income Tax Act D) Section 186 of Companies Act
Mera answer tha B) Section 194C, lekin abhi dekha to galat lagta hai. Main kya socha tha?
Explanation please!
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Taxation of Business Income - bahut hi choti si baat hai, lekin yeh sabse badi confusion hai. Section 28 mein, business income ka definition hai, lekin iska practical application kaise hota hai woh sabse badi cheez hai. Kya business income kehane se kaafi hai? Kya jo income tax audit mein declare karoonga, vo business income ke hi hoga?