Taxability of commercial training or coaching
This query is : Resolved
27 July 2012
Can anybody tell me if Coaching is provided to student of 10th, FYJC, SYJC, FY, SY - any stream is taxable under COMMERCIAL TRAINING OR COACHING. PLS REPLY
27 July 2012
MY Experience with Department that so many coaching institutes were not offered to tax in many times. you can show it as business income after deducting the expenses incurred for running the same.
Guest
Guest
(Expert)
27 July 2012
It is better to treat it as income under the head business and profession.
Regards
Regards
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