which ITR form applicable to tuition income

ITR 7276 views 11 replies

I have following sources of income

Pension~ 130000/yr

Bank interests~ 15000/yr

Tuition income~ 75000/yr

Whether ITR-1/ ITR-2/ ITR-3 will be applicable in my case for AY 2009-10?

Replies (11)

i think ITR-4 should be filed in case of income from tution income, it represents  income from business & profession.

 

You have to file ITR-4, you can cliam the expenses on stationery, books, board, furniture-depreciation etc. in respect of tuition income.

ITR 4 is the correct form.  Imparting education is a profession

Sathikonda

 

I think Yes ITR 4 is correct form as it Includes Salary/Pension Details , Income from Other Sources ,& Business Income . 

Yes ITR-4 Is applicable in your case.

ITR 4

ITR-4  is to be used for this fiiling of return just only because of Tution Fees......

ITR-4 is applicable in this Case

ITR-4

in my opinion you should go for ITR 4, the benifit here is that you can calim expenses allowed w.r.t electricity, rent if any, printing etc in your computation.

ITR 4


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