MR X HAS NO INCOME. BUT STILL HE WANTS TO FILE A ITR. WHAT SHOULD I SHOW AS THE INCOME TO FILE MR. X'S RETURN?
REGARDS,
DEVENDRA KULKARNI
3 Replies
U S Sharma
(glidor@gmail.com)
(21063 Points)
Replied 10 May 2011
age/s*x/edu qualification/banking system needed to file ITR
misc income come from tution or professional coaching depending on qualification.
keep a tab on banking, viz deposits / interest and to some extent possible TDS even
U S Sharma
(glidor@gmail.com)
(21063 Points)
Replied 10 May 2011
then the income may be shown as private tution income,
check balance criteria,
at the age of 24 you can show past savings max upto 3 lacs.
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