This discussion addresses the tax implications when TDS is not deducted on professional charges paid by a hospital. It raises questions about potential penalties, specifically a 30% disallowance of expenses when calculating income tax. The query also seeks to clarify if the hospital is eligible for TDS, its ownership and turnover, and if an audit under Section 44AB is applicable.
29 June 2022
Sir, A hospital maintained assessee professional charges paid TDS not deducted. Question: Assessess TDS not deducted on professional charges penalty applicable in it act