License to conduct hobby classes
4 years ago
Hi
I have a small space in my house where I conduct art/craft hobby classes for children. Do I need a license for that? Or does it have to be registered?
Highcourt Advocate Chirivella Chandra Sekhar(CHANDU)
Responded 3 years ago
A.It's not necessarily....any registration & license.........you can run your small institution easily......whenever can you improve your institution...then you will think license, registration your institution and you will get more income ....you may filing income tax returns......present it's not necessary in starting time....because of you haven't more students......Be happy
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Deval Singh
Responded 4 years ago
A.You don’t need a license for your hobby classes. But you should consider registering your business.Any money you take for tutoring is business income. It must be declared on your tax return and the appropriate social security, state and local taxed must be paid. This service is not categorised under sale and purchase of goods.
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Rameshwar Dadhe
Responded 4 years ago
A.Nothing any such provision. But if you want to expand it then registration must for it
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