TUTION FEES
This query is : Resolved
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?
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.
expenses are allowed under PGBP,
no change if the assesee goes with any one or maintain both.
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