Is there any commentary availabe on 'professioanl vs Salary Income' as in one of my case, professional income has been treated as salary income by the Ld AO
Professional vs Salary Income
Manoj Kumar
Tax Authority's Classification of Professional Income as Salary Raises Fact-Specific Issues; No Detailed Commentary Available. A query was raised regarding the classification of professional income as salary income by a tax authority in a specific case. The individual sought commentary on the distinction between professional and salary income. A response indicated that the issue is fact-specific and no detailed commentary is available on this particular matter. (AI Summary)