Hi Experts
good morning
Could some one please advise if there is any tax holidays for a newly constructed hospital in hyderabad urban area as per income tax act
Thanks in advance
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Income tax exemption to newly constructed Hospital
Replies (3)
Not directly, but if under new startup.
Exemption u/s 10 can be availed provided your institution has been approved by Principal commissioner or commissioner of income tax.
In case of any further queries, kindly mail me at casoravgupta @ gmail.com
Thanks & Regards
CA. Sorav Gupta
(Practicing Chartered Accountant)
Sir
the hospital initially running as proprietor entity they want to convert this as a private limited company in fy 2023-24
is there any exemptions
please advise
thanks in advance
the hospital initially running as proprietor entity they want to convert this as a private limited company in fy 2023-24
is there any exemptions
please advise
thanks in advance
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