Negative list

I teach music, and my income is from teaching piano.Could you please tell me if I am liable for income tax.Actually, I have been paying income tax now for many years.  But somebody told me that teaching music, art , culture and sports is in the negative list and I am not liable to pay tax on my earnings from teaching music .. can you advise?
Asked 11 months ago in Income Tax from New Delhi, Delhi
Dear Sir,

Yes, you are required to pay income tax. There is no such exemption in the income tax.

Please feel free to call/ revert in case of any doubts

Please feel free to call/revert in case of any doubts

Thanks and Regards
Abhishek Dugar
CA CS B.Com
Abhishek Dugar
CA, Mumbai
1997 Answers
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No not like that . Income tax is payable on the income and teaching is not exempted.
Shyam Sunder Modani
CA, Hyderabad
1390 Answers
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Hello,

Art, Culture and sports are in the negative list of Service Tax and not Income tax. As you are teaching music you are not liable to collect service tax. But there is no such exemption in the income tax. Hence whatever is your income shall be taxed according to the Rules of Income Tax Act .

Thanks & Regards

Ria
Ria Nagpal
CA, Ahmedabad
46 Answers
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Sir,

That negative list is for service tax and not for the income tax. So Service Tax is not applicable on your income but income tax shall be applicable.
Vishrut Rajesh Shah
CA, Ahmedabad
598 Answers
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Hello Sir,

I think you are getting confused between Income Tax & Service Tax. What you are talking about i.e Negative List is in Service Tax whereas what you are talking about is Income Tax.

So there is no such exemption in Income Tax and you are very well liable for Income Tax.

Trust this clarifies your query. 

Feel free to call / get back in case of further clarifications. 

Thanking You. 

Regards,
Rohit R Sharma
BCOM, ACA, LLB-GEN, CERT. FAFP
Rohit R Sharma
CA, Mumbai
1764 Answers
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Hi,

Looks like you are confused with Negative List of Service Tax and Income Tax.
Teaching art, music etc is in not liable for Service Tax. But there is no such exemption in Income Tax.
This means, you are liable to pay Income Tax on the income from Teaching. However, you need not collect Service Tax on such income.

Hope this clarifies your query.
Pradeep Bhat
CA, Bengaluru
363 Answers
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