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?
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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.....
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