Itr
This query is : Resolved
Manpreet Kaur
(Querist)
08 April 2017
Hello Sir
Please guide me fully regarding tution income and its itr form for F.Y. 2015-2016??
CMA Ramesh Krishnan
(Expert)
09 April 2017
Tuition fees income is comes under Income from profession since it is involve technical and professional knowledge, you can file ITR-4 to disclose the same. you can claim the related expenses also.
Incase the tuition fees is not regular one and its minimum then you can show as other income
Incase the tuition fees is not regular one and its minimum then you can show as other income
Manpreet Kaur
(Querist)
10 April 2017
if the tution income is below taxable limit...but its on regular basis..then also can i file itr 4 g???
CMA Ramesh Krishnan
(Expert)
11 April 2017
There is no specified exemption limit for tuition fees. but over all individual exemption limit of slab Rs.2.50 when gross total income apply
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