Section 44AD - Coaching Income

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....ection 44AD - Coaching Income<br> Query (Issue) Started By: - PANKAJ GROVER Dated:- 29-6-2011 Last Reply Date:- 30-6-2011 Income Tax<br>Got 1 Reply<br>Income Tax<br>Dear Sir An Assessee is earning co....

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....aching income 8 lacs p.a. and does not maintain books of accounts, can he decalare income @ 8% on Rs 8 Lacs under Section 44AD for FY 2010-11. He has income from other sources Rs 1,50,000. Regards ....

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....RAPG & Co. Reply By Ankur Bansal: The Reply: No. Because Section 44 AD covers only business and coaching income covers under profession. So cannot be included in Section 44 AD. Regards Ankur Bansa....

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