tution income under which head??

This query is : Resolved

Shobhit Gupta (Querist)
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28 April 2010 I want to know. Can tuition income of Rs. 250000 pa earned by a housewife through pvt tuitions be shown under head 'other sources'???

CMA.Palani Arumugam

CMA.Palani Arumugam (Expert)
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28 April 2010 It should be shown as Income from Business/profession.

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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28 April 2010 AGREE

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CA Shiv

CA Shiv (Expert)
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28 April 2010 agreee with expert..... even can claim some expenses like travelling, stationery and alll....

CA Ravi Sisodia

CA Ravi Sisodia (Expert)
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28 April 2010 I think if she is professinal then tuition income will be shown under 'Business/profession'. but if she is not professinal then tuition income will be shown under 'other sources' head.

Murtaza I Bhagat

Murtaza I Bhagat (Expert)
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29 April 2010 As you say House wife then she has to file her return as business & Profession and get the benefit of tution related expenditures....

taxindiaconnect

taxindiaconnect (Expert)
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29 April 2010 In my opinion It has to be under the head Income from Other Sources.

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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02 May 2010 Mr.Ravi view is correct

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CMA Arif Farooqui

CMA Arif Farooqui (Expert)
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06 May 2010 i think show income from business & Profession because teaching is a profession no matter it is in coaching/collage or it is home tuition.