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Nursing home

Others 380 views 5 replies
Nursing home icome is business income or professional income, please clarify
Replies (5)
it can be either business or professional income depending upon the nature of set up
What means nature of set of nursing home
if it's proprietary business then it can be either business or professional
it doesnt matter whether business or prof.
It is matter for presumptive scheme taxation 8% or 50% of receipts


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