Business code for home tution for ay 2018-19

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

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?

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?