11 October 2010
My wife is taking private tuitions and coaching at home. No books of accounts are maintained by her. What is the maximum amount that can be declared as income in her IT return when no books of account or details of receipts is to be produced or is being maintained. All tuition receipts she is getting in cash.She is working as a teacher in a private school and she has got some interest income and her IT return is being filed regularly
CAclubindia
