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Books for tution income

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(Querist)
21 March 2017 I RUN SMALL HOME TUTIONS WHICH ARE ABOUT ONE LAKH IN WHOLE YEAR
ARE ANY RECORDS OR BOOKS REQUIRED TO BE MAINTAINED FOR SUCH SMALL BUSINESS
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CA Shubhanshu Jain

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CA Shubhanshu Jain (Expert)
21 March 2017 No you are not required to maintain any books of accounts
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ASHISH

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ASHISH (Querist)
21 March 2017 UPTILL WHAT INCOME FROM TUTION BUSINESS ARE NO RECORDS REQUIRED
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
24 October 2021 Rs. 1.50 lakhs, which has recently been upgraded to Rs. 2.50 lakhs.

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