Fees collections income for hospital (AoP)
This query is : Resolved
09 March 2022
Sir,
Fees collections income rs:25 lacs in hospital (A0P) registered f.y.21-22.
Question:
1.AOP registered person sec 44ada 50 precent profit provision eligible in it act
2.tax calculation normal slab rates applicable
3.fees collections income show procedure in accounting books.
Fees collections income rs:25 lacs in hospital (A0P) registered f.y.21-22.
Question:
1.AOP registered person sec 44ada 50 precent profit provision eligible in it act
2.tax calculation normal slab rates applicable
3.fees collections income show procedure in accounting books.
09 March 2022
1 44ADA not applicable for hospital.
2 Normal slab rate applicable in case members of AOP not having taxable income.
3 Show it as service receipt.
2 Normal slab rate applicable in case members of AOP not having taxable income.
3 Show it as service receipt.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Taxable or Tax exempt
- CAPITAL GAIN BASE ON NOTIFICATION
- Form 140 tds
- NRI starting business in India
- ITDS U/S.194T of Firm
- ADVANCE PAYMENT OF ADVOCATE
- TDS ON EMAIL DOMAIN SERVICE BILL
- Eway bill not cancelled within 24 hous what can be due
- EXPORT COMMERCIAL INVOICE HSN CODE
- Capital gain on sale and purchase of plot
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
