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Yoga classes

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(Querist)
21 December 2022 Hello All
How are you.. hope all is fine.
I want to take advise..
In HUF if one shows yoga classes as business income. Is it advisable to show.
As per my belief if it is shown then it is treated as exempt income and the member will show as a other sources income.
Pl advise whether I am right way. Or something else can be done.
Regards
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
22 December 2022 Yoga class income is exempt only for charitable trust.
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Sanjay Budhiraja

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Sanjay Budhiraja (Querist)
22 December 2022 Sir can we show as business income of HUF .. pl confirm.



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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
22 December 2022 Yes, it can be shown as business/professional income.
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Sanjay Budhiraja

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Sanjay Budhiraja (Querist)
22 December 2022 Sir what documents or papers required to be kept for return purpose. Pl confirm.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
22 December 2022 Payment vouchers and receipt vouchers required.

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