Income from tution

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Querist : Anonymous

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Querist : Anonymous (Querist)
17 May 2014 Sir/madam,
Suppose....
During f.y.2013-14,
I have earned total income of Rs.60,000 from providing personal tution to students of 5th to 8th standards, at their homes(not at any tution/coaching classes).
This income is received in cash. Not in bank a/c. Or not by cheque.

Should this income be shown under the head ''income from business or profession'' ?

And if yes,then will there be any problem regarding not getting registration for providing such service of tutions?
Because I have not got registration for providing such tution services?
And I do not maintain any books of accounts for such tution service.

Please, give me guidance.

18 May 2014 no registration required. Not even books are supposed to be maintained (atleast as of now)

service tax registration shall be applicable only if services provided exceed Rs 9 lakhs in a year...

the income earned shall be offered as Income from Business/profession. You should file the return in form ITR4s

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Querist : Anonymous

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Querist : Anonymous (Querist)
18 May 2014 Thank you Mr. Nikhil kaushik


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