Nursing home taxation

a lady doctor runs a nursing home under proprietorship
how to account the transaction and what is the turnover limit of audit
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Quick Summary
This discussion addresses the taxation of a nursing home run as a proprietorship by a doctor. It clarifies that a doctor's income is typically classified as professional income, with an audit turnover limit of 50 lakhs. Further details on accounting transactions and specific requirements are sought.

Doctor's income classified under professional income. Then the limit is 50 lakhs..
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