Tuition income under which itr form
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
28 October 2011
Dear Sir,
I run my own private tuition classes for some students. I do not have any other source of Income. Which ITR form will I have to file to show my Income. Also confirm whether it can be shown as Income from other sources or it has to be shown as Income from Profession and in which ITR form . I have not maintained any book of accounts for this.
I run my own private tuition classes for some students. I do not have any other source of Income. Which ITR form will I have to file to show my Income. Also confirm whether it can be shown as Income from other sources or it has to be shown as Income from Profession and in which ITR form . I have not maintained any book of accounts for this.
28 October 2011
depending on amount the same can be shown as professional income, or income from other sources.
Querist : Anonymous
Querist :
Anonymous
(Querist)
29 October 2011
it is below taxable limit and under which ITR I should it I want to file it as Income from other sources
29 October 2011
You can either file ITR-1 Sahaj or ITR-2,according to me you shall file ITR-2 for income from other sources.....in case you treat tution income as income from profession,the you are required to file ITR-4
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