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Section 23(C)(iiiae) read with Rule 2BC

This query is : Resolved 

21 June 2020 If a hospital having turnover less than 1 crore would be eligible exemption under section 10(23C(iiiae) in case it runs a medical stores which has seperate books of accounts and turnover of the said medical stores if added to gross receipts of the hospital, the amount exceeds 1 crore

22 June 2020 The hospital has to apply to Commissioner (Exemption) for registration.



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