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(Querist)
08 February 2017 sir,,if i earned 2,40,000/- from tuitions anually,,,,then i have to file an ITR of 2,40,000 or something else ?????
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CA Rishi Goyal

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CA Rishi Goyal (Expert)
08 February 2017 Rs. 2,40,000 is your receipt and from 2.4 lakhs you can deduct expenses for tuition.
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Paras Phutela

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Paras Phutela (Querist)
08 February 2017 hardly any expenses,,all 2,40,000 is saved,,,so should i filed an itr of 2,40,000 and deposit them in bank 20,000 monthly or 2,40,000 anually..
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
09 February 2017 You can file the itr of 2,40,000 and deposit 20,000 monthly. Monthly deposit should be less of your monthly personal expenses. In case your parents meet your personal expenses you can deposit 20,000 monthly.
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