Taxation of a coaching institute
This query is : Resolved
23 January 2013
If a coaching Institute is operating under a Sole Proprietorship, Are any Income Tax Exemptions available?
23 January 2013
Deductions & exemptions as per Individual income and expenses on professional work allowed
23 January 2013
For running a coaching center your income is taxable under the Head Income from professions and you can claim the expenses incase any thing is for running coaching center and after arriving the Total income normal deduction under chpater VI-A like 80C,80D,80DD,80DDB,80G are available
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