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Income from tuition fees

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(Querist)
13 April 2013 If a person have only tuition fees income , then what accounts he suppose to prepare & under which head his income taxable & which ITR require for the same
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CA Dileep Surya Kumar

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CA Dileep Surya Kumar (Expert)
13 April 2013 Tuition fee received will be taxable under the head Income from business or profession.

Accordingly ITR-4 is applicable.

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