respected sir greeting of the day
please tell me which itr filled by a person who have some tution income and the some interest income
and also if filled itr 4 tell me the code for the tution income .
thanks
CS Abhijeet soni Advocate (CS LLB MCOM MBA (FINANCE) MPHIL CA INTER PGDCA PGDA&PR ) (931 Points)
12 July 2014respected sir greeting of the day
please tell me which itr filled by a person who have some tution income and the some interest income
and also if filled itr 4 tell me the code for the tution income .
thanks
CA. sanjeet Kumar Ojha
(Chartered Accountant)
(272 Points)
Replied 12 July 2014
Yes , You have to file ITR - 4
Code for Tuition Income shall be 1001- Other Sector
CS Abhijeet soni Advocate
(CS LLB MCOM MBA (FINANCE) MPHIL CA INTER PGDCA PGDA&PR )
(931 Points)
Replied 12 July 2014
sajeet sir tx for reply
what about code 705 Computer training/educational and coaching institutes
CA. sanjeet Kumar Ojha
(Chartered Accountant)
(272 Points)
Replied 12 July 2014
Yes, if somebody is providing tuition services under any institute's name then code 705 is more suitable.
But if you are not providing under any institute's name , then other sector should be mentioned because in code 705, you will be needed to mention the Institute's Name.