Business or profession
Querist : Anonymous
What if a individual running a hospital in proprietorship.
IN CASE OF A CO IT WILL B TREATED AS BUSINESS
CA MANOJ GUPTA
JODHPUR
09828510543
Querist : Anonymous
Observation :- It is a vexed issue. Extract from 'Issues on tax Audit' a priced publication of ICAI is given below.
"If the nursing home is run by medical practitioners who are also carrying on their medical practice at that place it is possible to argue that the assessee is carrying on profession. Alternatively, it is a case of composite activity of business and profession".
Dr. Deepak Assudani v. ITO (2009) 29 (II) ITCL 527 (Del ‘E’-Trib) : (2009) 26 DTR (Del-Trib) 454
Click here to login now
Similar Resolved Queries
- GSTR-1A How to update Invoice
- Excess salary payment.
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Stamp Paper for partnership firm change new income tax 2025
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- TDS on Purchase of Immovable Property by NRI from NRI
- Capital gain from sale of house property
- Regarding TDS Applicability For Director Remuneration
- SFT Cash Deposit in Current Account
- FORM 26A APPLICABILITY
- TDS APPLICABILITY......
- Copyright software
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
