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Dipankar Chakraborty   27 August 2016

For tution fees

Sir, I have no income except tution. This tution centre not registered. So if I will show my income in ITR 4 as income from other sources head for Rs. 2,00,000 /- p.a then any problem will arise from IT dept? Pls clarify me.


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 3 Replies

KS Johal   28 August 2016

No problem will arise from the IT department.

Ms.Usha Kapoor (CEO)     01 September 2016

t,Dear Client,

                  Since your incxome  is only Rs.2 lakhs which is below  or equivalent to  minimum  exemption limit of Rs.2 lakhs under IT Act you'll neither  incur tax liability nor  file ITR or return of Inome tax at all. You are obliged  not  to  fie  any return declaring this meagre income of Rs.2 Lakhs.

M.R.K.PRASAD-Advocate (SELF)     05 September 2016

I agree with Usha kapoor.. but I have to clarify that why you selected ITR4.  You can select ITR 4S if it is your profession or ITR2 for othrer source..


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