Cash receipts above rs. 2,00,000.00

This query is : Resolved

rajeev (Querist)
Follow

18 August 2017 Dt. 18/08/2017
Sub: CASH Receipts above Rs. 2,00,000.00
Sir,
Please tell me I am getting CASH income from home tuition Rs. 3,70,000 P.A. which is (31,000.00 P.M. aprox.) from 10 to 15 students and my FDR interest is 90,000.00 aprox.(P.A.).
My Question is for the F.Y. 2017-18
1. Can I receive CASH from 10 to 15 students Rs. 31,000.00 (P.M.).
2. Which Return file for the F.Y. 2017-18.
3. What type of record I Have to maintained.
4. Can I receive CASH above Rs. 2,00,000.00 from 10 to 15 students.

Thanks with Regards

CA Suresh Jain

CA Suresh Jain (Expert)
Follow

18 August 2017 1. Can I receive CASH from 10 to 15 students Rs. 31,000.00 (P.M.). --- Yes
2. Which Return file for the F.Y. 2017-18. -- one out of ITR 3 or ITR 4
3. What type of record I Have to maintained.-- fee register, cash & bank book, receipt book
4. Can I receive CASH above Rs. 2,00,000.00 from 10 to 15 students .-- Yes

rajeev

rajeev (Querist)
Follow

18 August 2017 can I receive CASH from home tuition Rs. 3,70,000 P.A. in f.y. 17-18 from 10 to 15 students.

Read more at: https://www.caclubindia.com/experts/details.asp?mod_id=2549874

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

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Angadi & Co

SHUBHANGI GOEL

SUMAN SAHA

AJAY Kumar Agrawal

Pawan Haryani

Subscribe Now

Cash receipts above rs. 2,00,000.00

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

CA Final

Manager- Finance and Compliance

Accountant

GST CONSULTANCY

Article Assistant

GST CONSULTANT