Easy Office
LCI Learning

Calculatation of tax

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
10 March 2012 I have tuition income of around Rs 2 lacs for FY 2011-2012. Please tell income tax provisions regarding this.

11 March 2012 if income from tution is your profession then it will come under Income from profession else it will be shown under head Other incomes

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
14 March 2012 Thanks Sir




31 March 2012 From your gross income expenses shall be deducted and after allowing the basic exemption tax shall be payable. The expert has correctly said the head of income under which you can file your return



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link




Unanswered Queries