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which ITR should i file

vinit (civil work) (26 Points)

13 November 2010

I had some online earning source. In detail is used to provide tutorial to some of my customer . The questions updated online was paid and i earned some money. On the request of customer , I got the printed version of that question also and on that I also earned a good ammount of money.

Now I am in dillema that which ITR should I file. I have no other source of earning. Now the above business is also over as the exam for ehich I was giving question is now over. I hope and am not sure again the exma is announced i may again earn for a month or two.

Pls guide me should i also submit balance sheet or any another document ? should I get it audited ?

Thx in advance.

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9 Replies

(Guest)

Please be a bit more clear in the descripttion of your service to ur client.. I did not understand the exact nature of ur service..

Paramjeet Singh (Article Training Under CA) (24 Points)
Replied 13 November 2010

please be clear in your quetioning, first of all tell me your primary source of income . Is captioned profession your part time source of income?

vinit (civil work) (26 Points)
Replied 14 November 2010

Thanks for ur concern and reply. I am writing in detail . I hope I will be able to explain you.

Actually I am a housewife.and i had no source of income. However with my husband support I started a online portal. This poral was basically for the preparation of some deaprtmental exam. In this I used to give some online question daily and my paid users used to solve this and there performance was checked by me. All this was done online.

When I started , I had not thought of much response , But by the grace of God , I got good response.My users were very satisfied and they asked for the printed version also which I supplied them and that was laso paid .

I got a very good response and good earning. But this lasted for only 4 or 5 months. as the exam were over my earning stopped and I am not earning now a single penny. But I am expecting that in the coming year if exam is announced again, I will again fetch some more bucks. But thats not fixed , maybe or may not be . Hoping may be, May God Bless me.

Now my qestion is that how to declare all this earning. Which ITR should I file. Will i have to manatin accounts and balance sheet and any other such thing whose terminologi I dont know. My turnover crossed 10 lacs and profit was something between 2-3 lacs.

I hope I would have been able to expalin u .Any more clarification is welcome.