banner_ad

Urgent

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
07 September 2016 Dear Sir,
A medical store owner who also gives private tution. Whether his tution income will fall in the income from other sources
or
income form other sources?

Avatar

Expert : Anonymous

Profile Image
Expert : Anonymous (Expert)
07 September 2016 yes his tution income will fall under income from other sources

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
26 September 2016 or it cane be treated as income from business or profession?

02 August 2025 Urgent reply:

If the medical store owner gives private tuition regularly and in a systematic manner (like a business activity), the tuition income can be treated as income from business or profession.

However, if the tuition is occasional, small scale, and not organized as a business, then it would typically be treated as income from other sources.

So, the key is the nature and scale of the tuition activity:

Regular, organized tuition → Business or Profession income

Occasional, small, informal tuition → Other Sources income


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query



Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details