Pathology lab

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Rahul (Querist)
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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.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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20 November 2019 Service rendered by the firm is professional services so it will fall under profession.

Rahul

Rahul (Querist)
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20 November 2019 Sir but no one dr is pathologist in firm. Firm will be appoint pathologist on salary basis?

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
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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.

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