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Tuition income

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(Querist)
21 November 2015 Dear sir,
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VijayUpadhyaya

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VijayUpadhyaya (Querist)
21 November 2015 Dear sir,My wife earns about 5 lakhs by taking tuition of children. Accordingly, she pays income tax. In this connection, my queries are:-1. Is she required to maintain records
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VijayUpadhyaya

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VijayUpadhyaya (Querist)
21 November 2015 1. Is she required to maintain records
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VijayUpadhyaya

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VijayUpadhyaya (Querist)
21 November 2015 1. Is she required to maintain records
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shivaji prasad bhimavarapu

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shivaji prasad bhimavarapu (Expert)
21 November 2015 Yes. Receipt book, cash and bank book, general ledger and vouchers for any business expenses

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