I.t. query

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This discussion clarifies how to file your IT return when you have income from both a clinic laboratory and a pharmacy shop. It suggests using ITR-3 and opting for Section 44AD for laboratory and pharmacy sales income. Professional income from a doctor's clinic can be filed under Section 44ADA. Importantly, both sections can be utilised within a single IT return filing.

Kollipara Sundaraiah

Kollipara Sundaraiah (Querist)

04 July 2020 Assess two source of income earned
1.income from clinic laboratory
2.sales income from pharmacy shop

Assess I.t. return filed sec 44 ad or sec 44 ada applicable.

c.bakshi

c.bakshi (Expert)

04 July 2020 SUGGEST YOU TO FILE ITR - 3

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

04 July 2020 File laboratory and pharmacy sales under 44AD and in case of doctor's clinic professional income file under 44ADA.
Both section can be opted in single return.

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