02 July 2011
sir, if a person is managing his shop and also indulges in giving tutions to some students then where his tution fess income is to be shown in income from business n profession or income from other sources n whether the expenses incurred for giving tutions will be allowed as an expense ..
and sir will it make any difference if he is fully engaged in giving tutions n not manging his shop?
02 July 2011
shop keeping and tution both are PGBP and ITR 4 should be submitted, expenses are allowed under PGBP, no change if the assesee goes with any one or maintain both.