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Sec 44AD and 44ADA complications

25 July 2018

Can a doctor who is also running a medical declare his income under both the sec 44AD( in case of income from medical) as well as Sec 44ADA(professional fees from hospitals)....???

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5 Replies

rama krishnan (12244 Points)
Replied 25 July 2018

yes you can.. as far as you registered them separately...

rolwin rodrigues (7 Points)
Replied 25 July 2018

Sir, could you please elaborate as i didnt understand

rama krishnan (12244 Points)
Replied 25 July 2018

medical business should have been separately and separate books and separate bank accounts should have been maintained for each business

1 Like

rolwin rodrigues (7 Points)
Replied 25 July 2018

But Sir books need not be maintained if income is to declared under these sections

Saifullah Khalid (Autodidact/Curious ) (638 Points)
Replied 26 July 2018

Originally posted by : rolwin rodrigues
	But Sir books need not be maintained if income is to declared under these sections

YES books need not to be maintained but still one need to keep track of his sales/professional receipts ... so keep track of bussiness (medical store ) sales recipts separately from your professional receipts as medical store receipts/turnover will be assessed under 44AD and professional fees from hospitals will be assessed under 44ADA ...

3 Like