Inclusion of profession in taxable receipts expands the scope of business income under amended income-tax provisions. Amendment broadens the taxable scope by inserting 'or profession' into clause (va) of section 28, aligning professional receipts with receipts from business for the purposes of that provision; the insertion applies in sub-clause (a) and in the proviso at clause (i), extending the provision's application to professional activities.
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Provisions expressly mentioned in the judgment/order text.
Inclusion of profession in taxable receipts expands the scope of business income under amended income-tax provisions.
Amendment broadens the taxable scope by inserting "or profession" into clause (va) of section 28, aligning professional receipts with receipts from business for the purposes of that provision; the insertion applies in sub-clause (a) and in the proviso at clause (i), extending the provision's application to professional activities.
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