Purchase of medicines claim allowed


This query is : Resolved 

Quick Summary
This discussion clarifies whether the purchase of medicines for treatment purposes by a dental clinic, amounting to Rs. 1,20,000, can be claimed as an expense under Section 37 of the Income Tax Act. The consensus is that such a claim is permissible if the clinic is actively practising. Further details and provisions can be found via the provided link.

14 December 2023 Sir,
Dental clinic maintained a Doctor fees from patients rs:15 lacs and purchase of medicines treatment purpose amount rs:1,20,000/-
Question:
Assessess medicines purchase amount expenses claim allowed provision as per 37 in it act.

RAJA P M (Expert)
15 December 2023 Yes, If he practice with clinic.

15 January 2024 This article should also help https://saprlaw.com/taxblog/section_37_incometaxact_final.pdf


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
ARTICLESHIP 17 October 2026
Articled Assistant

RRPM & Associates LLP

Chennai

CA Inter

View Details
Company
05 October 2026
Senior Accountant

Vision IT Peripherals Pvt Ltd

Mumbai

B.Com

View Details
Company
14 October 2026
GST & TDS ASSISTANT

AGGARWAL SANJAY & ASSOCIATES

New Delhi

B.Com

View Details
Company
ARTICLESHIP 23 October 2026
CA Articleship / Article Assistant

M N Rao & Associates LLP

Vijayawada

CA Inter

View Details
Company
15 October 2026
Senior Accountant

Continental Belting Pvt Ltd

Mumbai

B.Com

View Details
Company
14 October 2026
Asst. Manager/Dy Manager (Costing)

manufacturing

Pune

CMA

View Details
Company
ARTICLESHIP 07 October 2026
Article assistant

S.K.Bajpai & Co.

Noida

B.Com

View Details
Company
10 October 2026
Accounts Associate Level 1

Abic and Mani Chartered Accountants

Kottayam

B.Com

View Details