Business support recruitment and training receipts qualify for presumptive business taxation, not professional taxation under technical consultancy rules.

Business support recruitment and training receipts qualify for presumptive business taxation, not professional taxation under technical consultancy rules. https://www.taxtmi.com/highlights?id=105005 Contractual recruitment and training services provided to an insurer are business support activities, rather than insurance agency, commission, brokerage, or insurance-product canvassing. Training that uses knowledge or skill does not become a professional service unless it falls within a profession specified under section 44AA or constitutes technical consultancy. Receipts from such activities are therefore business receipts, not professional receipts, and may be computed under section 44AD if its statutory conditions are met; applying section 44ADA is inapposite and the related addition was deleted. en-us Thu, 15 Oct 2026 05:44:05 +0530 Thu, 15 Oct 2026 05:44:08 +0530 TaxTMI RSS Generator Business support recruitment and training receipts qualify for presumptive business taxation, not professional taxation under technical consultancy rules. https://www.taxtmi.com/highlights?id=105005 Contractual recruitment and training services provided to an insurer are business support activities, rather than insurance agency, commission, brokerage, or insurance-product canvassing. Training that uses knowledge or skill does not become a professional service unless it falls within a profession specified under section 44AA or constitutes technical consultancy. Receipts from such activities are therefore business receipts, not professional receipts, and may be computed under section 44AD if its statutory conditions are met; applying section 44ADA is inapposite and the related addition was deleted. Highlights Income Tax Thu, 15 Oct 2026 05:44:05 +0530 https://www.taxtmi.com/highlights?id=105005