A person (not a doctor) running a hospital in proprietorship. He hires doctors on salary basis. Whether he can treat it as a business and file the ITR u/s 44AD claiming 8% income?
Menu
Whether section 44ad is applicanle?
Replies (5)
Yes
Sir kindly help in getting case law or some other study material for the same.
1. DTR_ITAT/26DTR_ITAT/26DTR_ITAT
2. https://indiankanoon.org/doc/1734550/
3. https://www.caclubindia.com/articles/a-few-aspects-of-applicability-of-tax-audit-17715.asp
Thank you sir! Dr. Deepak's case law clarifies me doubts.
My Pleasure.....
Recent Topic
- Section 192 2(b) entry in IT return ITR 1
- Rent from redevelopment property
- How to find FMV of inherited gold after selling it
- Happy CA Day!!
- Share your proudest CA moment 🏆
- Gift recd from brother
- How to show Loan write off in DPT 3?
- Form 10E and Salary arrear
- LTCG U/S 54F. Sale of property plus sale of share
- Issue with ITR2 online utility for HUF
Related Topics
CAclubindia
