Freelance teaching income and its tax implications
This query is : Resolved
27 July 2016
plz suggest is freelance teaching income covered under income from profession?
If yes do the freelancer has to file ITR4?
27 July 2016
Ofcourse it can not covered under Salary. Rather you can not cover under income from other sources. you need to file itr 4 to get deduction of expenses.
27 July 2016
Sir..
The term "profession" does not includes teaching as per act then how i
27 July 2016
sir..
the term "profession" does not includes teaching as per act then how can we considet it as professional income and file ITR 4?
28 July 2016
Teaching is not a "business" as there is no commerce or trade or manufacturing activity or adventure. Teaching is definitely a profession but it may not be a specified profession u/s 44AA of the Income Tax Act, 1961.
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