Nature of business

My friend run a fitness training centre.
What will be the nature of business for dance and fitness centre? will it fall under other professional services or under coaching centre and institutions??
Replies (5)
Quick Summary
This discussion explores the correct classification for a dance and fitness centre's nature of business. While some argue it's a service provided by experts, others suggest it falls under business income taxable under PGBP, rather than professional services, due to the lack of traditional sale/purchase activities. The consensus leans towards classifying it as a business providing services.

Other professional services
No it'll not come under professional services rather it'll be treated as business
Business
Income will be taxable under PGBP.

There is no business type activity (sale purchase). So it's providing services.

And services are also inhouse and customers avail it considering it as training and fitness centre providing such services by experts in this field.

And hence it's correct to classify it as other professional services.
The Fitness training CENTRE income is PGPB as Business...

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