Small home based labour income

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Querist : Anonymous

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Querist : Anonymous (Querist)
18 May 2014 Sir,
Assume the case details is as following:

My mother has earned , in f.y.2013-14, Rs.60,000 as income from home based labour work.(labour work=She makes papad,aaloo sev etc. for customers from material given by such customers.)

She did such labour work for first time. And now she is not going to continue such labour work in current year or in future years.

Q.1}
Under which head should such income be shown in her I.T. return?

Q.2}
Is such work considered as service provided ? Or profession?

Q.3}
Will she have to get registration for providing such labour work(service) ?
And will she have to submit any returns or reports periodically?

Please, share your opinion.

18 May 2014 1. no need to register for any service tax etc

2. you can file ITR4S. it shall be considered as business.

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Querist : Anonymous

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Querist : Anonymous (Querist)
18 May 2014 So..no need to file any reports or returns periodically?
Just file ITR4S and it all will be okay? Is any other procedure needed regarding registration or etc. under any of the other acts in force for business like this? Or we can just orally say that we have earned these much income from this type of business, without having any documentary proof of it (except ITR 4S) ? Because we have received all income in cash only. Without any proof or tracking of customers.

18 May 2014 no. you just need to file annual tax return only.

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Querist : Anonymous

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Querist : Anonymous (Querist)
18 May 2014 Its nice to have ur opinion n guidance . Thank you ..Sir.


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