Coaching income - 44ad

Krish (CA Final ) (3326 Points)

19 June 2012  

CAN INCOME FROM COACHING CLASSES BE TREATED AS INCOME FROM ELIGIBLE BUSINESS U/S 44AD ? IF NOT THEN, HOW CAN ANY ASSESSE (INDIVIDUAL) FILE HIS RETURN WHO EARNS INCOME FROM COACHING CLASSES WHICH IS NOT COVERED UNDER TAXABLE LIMIT FOR SERVICE TAX ?