Estimation of income for hospitals
This query is : Resolved
16 August 2018
For presumptive calculation of hospitals we should take 8% or 50% of total turnover as income
please advise
Thanks in advance sir
please advise
Thanks in advance sir
16 August 2018
If your income is less than Rs. 50 Lakhs then you can opt for Presumptive Income. and You can assume your profits to be 50% of your receipts/turnover.
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