Tution income

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

29 August 2013 IS THERE ANY LAW THAT ASSEESSEE EARNING TUTION INCOME MORE THAN 50000/- PER YEAR HAS TO BE REGISTERED UNDER SOME ACT. IF YES THEN PLEASE LET ME KNOW FULL INFORMATION IN THIS CASE

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
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29 August 2013 There is no requirement to get registered under any Act. However, keep the following in mind:

1. You should obtain a PAN.
2. You will be required to get registered under Service Tax if the gross receipts exceed Rs. 9 lakhs.

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