tution income under which head??

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Shobhit Gupta (Querist)

28 April 2010 I want to know. Can tuition income of Rs. 250000 pa earned by a housewife through pvt tuitions be shown under head 'other sources'???

CMA.Palani Arumugam

CMA.Palani Arumugam (Expert)

28 April 2010 It should be shown as Income from Business/profession.

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)

28 April 2010 AGREE

CA Shiv

CA Shiv (Expert)

28 April 2010 agreee with expert..... even can claim some expenses like travelling, stationery and alll....

CA Ravi Sisodia

CA Ravi Sisodia (Expert)

28 April 2010 I think if she is professinal then tuition income will be shown under 'Business/profession'. but if she is not professinal then tuition income will be shown under 'other sources' head.

Murtaza I Bhagat

Murtaza I Bhagat (Expert)

29 April 2010 As you say House wife then she has to file her return as business & Profession and get the benefit of tution related expenditures....

taxindiaconnect

taxindiaconnect (Expert)

29 April 2010 In my opinion It has to be under the head Income from Other Sources.

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)

02 May 2010 Mr.Ravi view is correct

CMA Arif Farooqui

CMA Arif Farooqui (Expert)

06 May 2010 i think show income from business & Profession because teaching is a profession no matter it is in coaching/collage or it is home tuition.

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