Diagnostic services ...

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student
76 Points Posted on 05 December 2021
November 2014 sir/Mam Diagnostic center running proprietorship by individual person not doctor so it is treated in business or profession please clarify this audited u/s.44AB in business or profession
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On 05 December 2021 at 10:39 Report
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This discussion clarifies whether a diagnostic centre owned by an individual (not a doctor) is classified as a business or profession for tax audit purposes. It confirms that income falls under the head PGBP and is liable for tax audit under Section 44AB if gross receipts exceed £50 lakh.

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132 Points Posted on 05 December 2021
PGBP income
liable for tax audit u/s 44AB if gross receipts exceed 50 lakh
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On 05 December 2021 at 13:37
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Company Secretary
7085 Points Posted on 15 December 2021
It is Income under head PGBP which is liable for Tax Audit u/s 44 AB If Gross reciepts exceeds 50 Lacs
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On 15 December 2021 at 19:15

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