Records
RAMESH
(Querist) 09 March 2014
This query is : Resolved
I EARN AROUND 10000 P.M FROM RUNNING PRIVATE TUTIONS
1.WHAT RECORDS I WILL HAVE TO KEEP FOR INCOME TAX PURPOSE
2.WIL I HAVE TO KEEP TRACK OF ALL THE STUDENTS I HAVE TAUGHT
ajay sethi
(Expert) 09 March 2014
keep a record of fees received from students . on basis of total fees received file your income tax returns .
R.K Nanda
(Expert) 09 March 2014
consult tax lawyer.
Rajendra K Goyal
(Expert) 09 March 2014
Keep accounts of the fees collected and file return after deducting eligible expenses if any.