Itr filing of a doctor

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File with ITR 4 but How should i calculate of a Homeopathic Doctor income tax... Is Receipt and Payment or profit & loss in case of a homeopathic medicine trading & practitioner..
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you want to calculate both income and income tax on income earned by doctor

you have to prepare trading account and profit and loss account for trading activity

and income and expenditure account for medical practice

Sum of Net profit (from profit and loss account) and surplus (from income and expenditure account) is total income of the doctor for purpose of tax calculation

You need to prepare Income & expenditure a/c and calculate Surplus or deficit


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