Nurshing home

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PROPRIETOR
552 Points Posted on 22 July 2021
nursing home income is business income or professional income , please clarify the position
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On 22 July 2021 at 18:59 Report
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Quick Summary
This discussion clarifies the tax treatment of income generated by a nursing home. It specifically addresses whether this income should be classified as business income or professional income. The consensus suggests it should be treated as professional income, aligning with the provisions of Section 44ADA.

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B.Com
134 Points Posted on 22 July 2021
Professional income
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On 22 July 2021 at 19:31
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Chartered Accountant
86505 Points Posted on 23 July 2021
Professional Income as per Sec 44ADA.
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On 23 July 2021 at 06:16
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Chartered Accountant
24588 Points Posted on 23 July 2021
Iy should be treated as Professional income
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On 23 July 2021 at 11:27

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