Hello Friends,
I have a client who is a Teacher by profession. She has opened a Dog Care Clinic where she has hired doctors.
She gives salary to doctors and as a propreitor of that clinic she gets the whole profit.
She get three type of receipts: 1) Professional Fees; 2) Vaccination Fees 3) Sale of Dog related items.
Now, my question is that :
1) What kind of income she is earning, is it professional receipts (Limtit 15 Lacs) or business receipts (Limit 60 Lacs) for tax audit purpose.
2) For Sec. 44AB, should I consider all the 3 type of receipts?
3) Is she required to get Service Tax Registaration if her gross receipts exceed Rs. 9 Lacs?
Thanks in advance for all your replies.
Regards,
CA. Sunil Garg.
CAclubindia
