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Coaching income

This query is : Resolved 
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(Querist)
15 December 2015 Is any income earned in p.y. from any coaching institution (registered) in taxable if taxable in which head and if coaching institution is registered as education society than taxability arise or not
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
16 December 2015 It it is run on for profit then it is taxable under the head Profit from business or profession.

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