Hi, I am a student currently persuing engineering. I wanted to earn something for myself so I started selling my classmates and to the adjacents class with notes, projects etc with the price of 2rs per page and I my self used to get that material printed at 50p per page. I also used to write projects myself for 10rs per page. I by this practice of mine have earned approx 1 lakh this year. And I want to file ITR in income tax for my above income. Which ITR I should file and how to show my above income in the said ITR. Please help me out.
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How to show my income as a student
Replies (5)
File ITR 1 and show this income under income from other sources under the head any other
Hello Sir,
I will not get a notice saying that I have shown my income from salary as zero ? Also the money has to be there in my bank account to show it in ITR or it is not necessary ?
| Originally posted by : Kapadia Pravin | ||
 |
File ITR 1 and show this income under income from other sources under the head any other |  |
Hello Sir, I will not get a notice saying that I have shown my income from salary as zero ? Also the money has to be there in my bank account to show it in ITR or it is not necessary ? Read more at: https://www.caclubindia.com/forum/how-to-show-my-income-as-a-student-526347.asp?offset=1
Don't worry much. Not necessary income reflecting in bank account. For filing return one bank is must.
First of all, if ur income is less than 2.5 lakhs there is no need to file ITR. If you still want to file then go ahead.
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