Private tuition classes can opt for 44ad

Imran H Mansuri (Inter CA) (153 Points)

02 February 2017  

Dear All,

I want to ask whether a person running tuition class under proprietary name, can opt to file income tax using ITR-4S, declaring taxable income as 8% of total income ????

Another angle, What if his total receipt more than 25 lacs ??

Kindly respond.

Thanks.
Imran.