B.Tech professional's coaching income classified as professional receipts, not salary; expenses to be reviewed by Assessing Officer.

B.Tech professional's coaching income classified as professional receipts, not salary; expenses to be reviewed by Assessing Officer. https://www.taxtmi.com/highlights?id=30177 Salary receipt OR professional receipt - B.Tech professional provides coaching services to an Institute, which provides coaching for preparation of IIT entrance test. He was free to do work with other institutions also. - assessee’s receipts are professional receipts not salary. Expenses claimed by the assessee are to be considered by AO. en-us Thu, 07 Jul 2016 12:15:27 +0530 Thu, 07 Jul 2016 12:21:53 +0530 TaxTMI RSS Generator B.Tech professional's coaching income classified as professional receipts, not salary; expenses to be reviewed by Assessing Officer. https://www.taxtmi.com/highlights?id=30177 Salary receipt OR professional receipt - B.Tech professional provides coaching services to an Institute, which provides coaching for preparation of IIT entrance test. He was free to do work with other institutions also. - assessee’s receipts are professional receipts not salary. Expenses claimed by the assessee are to be considered by AO. Highlights Income Tax Thu, 07 Jul 2016 12:15:27 +0530 https://www.taxtmi.com/highlights?id=30177