Filling of income tax return of IELTS Coaching class


This query is : Resolved 

18 July 2011 Sir,
Can Assessee have running coaching classes of IELTS and computer for Foreign study file return under ITR 4S if his gross
receipts is 5 Lakh

18 July 2011 Yes you can do it as the same is not covered under the definition of Profession. So if you show your profit more than 8% of 5 lakh, you can file return in 4S

19 July 2011 Yes I agree with the expert


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