Income tax querys

kollipara sundaraiah (B.com) (2904 Points)

01 March 2021  
1. I.t. return sec 44ab audited filed professional income(hospital) Assess purchases of medical equipment Rs: 60 lacs as on date 20-05-20 and depreciation claimed value rs: 9 lacs net loss show in books f y 20-21.
Question:
1.assess loss return filed allowed in I.t act.
2.net profit show compulsory in I t returns.