Section 44ad
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
28 July 2017
Does income from running a medical laboratory come under 8% or 50% under the section 44 ad, I mean to ask whether income from running a medical laboratory is treated as business or professional income
Querist : Anonymous
Querist :
Anonymous
(Querist)
29 July 2017
Thank you, but please let me know the code I have to select in the nature of business in ITR 4 For medical laboratory
18 October 2021
Its professional income ... code 18005
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