galsober@yahoo.co.in (def) 20 June 2009

which ITR form applicable to tuition income

I have following sources nof income:

Pension to the tune of 130000

Bank interests~ 15000

Tuition Income~ 75000

Which form ITR-1/ ITR-2/ ITR-4 is applicable for AY 2009-10?

Reply Follow

8 Replies

A V Vishal (Advocate) 20 June 2009

ITR-4

BALAJI.S (FINANCE MANAGER) 20 June 2009

I agree with A V Vishal Sir

Because Tutution Income is a Business Income

galsober@yahoo.co.in (def) 21 June 2009

Form ITR-2 is for what? In column for 'income from other sources', can this tuition income be shown?

Chandargi B B (CA) 21 June 2009

Hi,sir,If you are taking the tution classes regularly,it is an occupation taxable under the head business or profession,Hence, ITR-4 is correct form of return.Answer for ITR-2-It is for the persons who are having Income taxable under the head-salay-house property and Income from other sources.Hope this clarify your issue.

galsober@yahoo.co.in (def) 22 June 2009

Thanks a lot for all replies. If one takes tuitions off & on & hence receives irregular ammounts as tuition income, can he show this income as ''income from other sources" in ITR-1 or ITR-2? This is for sake of knowledge only!