Pathology lab
This query is : Resolved
20 November 2019
Whether a pathological lab run by a partnership firm (5partners, all are doctor, but not a pathologist 2 dr are Anesthesiologist and one are surgeon and 2 are MD medicine in that case this partnership is Business or Profession for the purpose of declaring presumptive income under the Income Tax Act.
20 November 2019
Service rendered by the firm is professional services so it will fall under profession.
20 November 2019
Sir but no one dr is pathologist in firm. Firm will be appoint pathologist on salary basis?
26 November 2019
The firm is carrying on medical profession, i.e., the services provided by the firm are of medical nature. The fact that the firm is providing pathology services and none of the partners is a pathologist is not relevant for income-tax.
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
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- TDS CREDIT MISMATCHING
- Buy back of shares u/s69
- Clarification Required on Filing Form 141 for Joint Buyers
- HOUSING LOAN ISSUE
- EMI ISSUE IN HOUSING LOAN OLD REGIME
- GST Rate for Catering Services
- Need Professional Opinion - AY 2012-13 Old Demand & AY 2026-27 Refund Adjustment
- ITR 4 and Bank transactions
- LIC maturity claim whether taxable
- 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
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
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
