Business code for home tution for ay 2018-19

ITR 15305 views 13 replies

Sir,

Which "Nature of Business Code" do I need to select for Home tution for AY 2018-19? Is it 16019? Earlier I was using 0607-Professional-others.

regards,

Jigar

Replies (13)

Use ..... '17007'

U can use the business code " 17006 "-Coaching centers & Tutions.

If we use a business code in ITR4, does CBDT require the Tuition classes business be registered with a registered document?

Then, how about educated housewives taking home tuitions? Can they also use 17006 or 17007 code?

Originally posted by : J S BHAVSAR
If we use a business code in ITR4, does CBDT require the Tuition classes business be registered with a registered document?

Then, how about educated housewives taking home tuitions? Can they also use 17006 or 17007 code?

Yes... Better to use 17007 for Home Tuitions by H/W or SOme persons

17006 will be use who is conduct tuition centre and Coaching...

Thank you so much sir

for tution income p & l account and balance sheet is mandatory???

In ITR3 if Code 17007 is selected, which schedule line to enter the amount of income earned from Tuition?

Is P&L statement mandatory for home tuition work which is not registered entity of housewife?

am a govt. employee total taxable salary 11,15,820 Rs a.y 18-19 which Itr file???
You can file ITR 1 for Your salary income....

In ITR3 if Code 17007 is selected, which schedule and which row to enter the amount of income earned from home Tuition?

Is P&L statement mandatory for home tuition work which is not registered entity of housewife?

 

Hi,

I was wondering what should be the code for someone with income from teaching in colleges and universities on a temporary basis. Last year the code was 0607. Also is it the same as presumptive income.

Thanks.

Originally posted by : J S BHAVSAR
In ITR3 if Code 17007 is selected, which schedule line to enter the amount of income earned from Tuition?

Is P&L statement mandatory for home tuition work which is not registered entity of housewife?

Can someone clarify?

Which business nature code should I use in case of receiving fees for taking online coding classes?

 


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