Is income of a frelaance chess coach to be classified under income from profession or other sources ?
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Classification of income
Replies (7)
Income from business/profession.
Chess coach falls under Professional income
If ur a professional and as u r giving coaching of chess it will be a professional income
So it will be income from PGBP(business profession)
It is a profession so it will be classified under Income from business/profession
Agreed with above comments..
Thanks a lot to all those who replied in clear terms
Thanks and regards
V.Ramachandran
Income from PGBP.
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