head of income
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
04 September 2010
A chartered accountant has started his practice in oct 2009 and his receipts from practice are rs 10000 only.however he has given tuitions and income from tuitions from oct 2009 is rs 100000/ for py 2009-2010.his profession is basically practice and he has given tuitions as side income.whether tuitions income should be accounted as pgbp or other sources?
04 September 2010
From the above information it seems that u have more income from tutions and hence tutions income should form part of business income only.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
