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Regarding income taxable from which head

25 September 2018

sir I have earned 200000 income from home tution. income is taxable under which date. there is no other source of income.can a file ITR and which itr form and due date for itr.

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7 Replies

Komal Nagpal (Student) (58 Points)
Replied 25 September 2018

You should file itr 3. teaching is your main source of income.
for it purpose you should maintain and keep records of students fees.

kundan singh (99 Points)
Replied 25 September 2018

if I have not maintain any record than

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Komal Nagpal (Student) (58 Points)
Replied 25 September 2018

but should have an idea for total income

pinky agarwal (student) (137 Points)
Replied 25 September 2018

if you have total income less than 250000 then you can show tuition fees as income from other sources with ITR1

Komal Nagpal (Student) (58 Points)
Replied 25 September 2018

itr 1 is for salaried person having bank interest as shown in other sources and you may shown Tution income in other sources but you should have other source of income for safe side

Ankur Gupta (CA Final) (49 Points)
Replied 25 September 2018

Head PGBP
form ITR3.

riya r (student) (35 Points)
Replied 25 September 2018

Income taxable under head pgbp if your turnover is less than 2 crore then it is up to you to opt for sec 44ad i. e presumptive business
1)8% of the turnover, 6% on digital receipts
Where there is no need to maintain accounts and audit then itr 4s

If not the above then itr 3