17 July 2019
I have a tuition income of 15,000 per month (1.8 Lacs annually) and an interest income from fixed deposit of 70,000. I wanted to file an ITR for this income. 2 basic questions that I have are:
1. Should I do it with ITR1 or ITR3? 2. If ITR 3 then what should be the Nature of Business declared as? Should it be "21008 - Other services n.e.c." or "17006 - Coaching centres and tuition’s"?
CAclubindia
