my brother has opened his clinic.. from this year I told him to file his income tax return.. what expenses do he need to maintain for filing return? give some idea.
if his total Income does not exceed the basis exemption limit then he's not required to file return. however he needs to maintain a file for all the expense vouchers incurred such as light phone mobile stationery salary etc... Also receipts book need to be maintained for money received from patients.A bank account in the name of the clinic needs to be opened
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