Tuition income which category??

1673 views 37 replies
Professional Services are merely not based on qualification.There is covered under PGBP the term VOCATION.It would hold good if you happen to study the term.If your mother has some experience in teaching which she appears to have, you could call it as a vocation thus taxable as PGBP.
Replies (37)
Professional Services are merely not based on qualification.There is covered under PGBP the term VOCATION.It would hold good if you happen to study the term.If your mother has some experience in teaching which she appears to have, you could call it as a vocation thus taxable as PGBP.
Agree with Piyush
Itshould be charged under Income From Other Sources Head.... And slab rqte is applicable...
Same situation , which ITR is required to file for the purpose of carry forwarding the short term capital loss from trading in stocks.
Yes Itr2 . Income from other sources
I am also a teacher and self employed.. just a few days back I submitted my tax return and it was IRT V form. for individual..
I think a business and profession and file a itr 4 and slab is individual applicable as per it rate for financial year announced in budjet
Your mother need not file OT return if her income is only tution income-ifos


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register