Income tax on tuition fees and brokerage

299 views 2 replies

Respected Sir/Madam

 

Please reply as per following :---

Status : Individual ---- Male ---- Age: 50 yrs. 

Profession : Private Tuition and Brokerage

Total Income Rs. 400000/- lakhs in one financial year

Source : Tuition and Brokerage

Source of  documents to submit : No proof of documents for said Income

Bank deposit : Total 400000/- lakhs deposited in bank

Question : This person want to Pay Income Tax on Rs.400000/- Lakhs . But he has No Proof of documents of Incomes...

Then it is  possible to pay Income Tax ???? 

If yes, then how to take preparations....

Thanks.

Replies (2)

yes, you can pay the tax on total income which was assumed by you. There is no lenthy proceedure.

If you want to then can be email to me with fully details on kumar.harendera @ gmail.com

 

 

you can prepare documents on your own. like receipts books. apply the formula fees p.m/ p.a * no of students and accordingly make the receipts

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 18 June 2026
Article Assistance

RB KESHRI & CO.

Mumbai

CA Inter

View Details
Company
05 July 2026
Financial Controller

NovumLake Partners

Mumbai

CA

View Details
Company
ARTICLESHIP 09 June 2026
Article Trainee

Numbertree LLP

Mumbai

CA Inter

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
ARTICLESHIP 24 June 2026
CA Article Trainee

Rahul Dang & Associates

Pune

CA Inter

View Details
Company
06 July 2026
C.A./CA Inter OR pursuing C.A./GST/Accounts/Audit/IT - Head

Arvindkumar Maniar & Co.

Rajkot

CA

View Details
Company
25 June 2026
AUDIT MANAGER

JDAS & ASSOCIATES

New Delhi

CA

View Details
Company
ARTICLESHIP 24 June 2026
ARTICLE ASSISTANT

BHUPINDER SHAH AND COMPANY

New Delhi

CA Inter

View Details