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Query regarding Form 23ACA - Part B - Income Part

This query is : Resolved 
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Guest

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Guest (Querist)
16 October 2009 A Private Limited is in the business of medical & allied sciences.

The company has earned income in the form of CLINICAL TRIAL FEES.

Whether this income should be put under 'Domestic Turnover - (iii) Sale or supply of services or

Simply, mention as 'Other Income' - I feel this may not be appropriate.

The appropriate one may be 'Supply of Services'.

Can the experts confirm my understanding to enable me proceed on the matter ?
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CA. B.SRINIVASULU

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CA. B.SRINIVASULU (Expert)
16 October 2009 Appropriate one will be supply of services.
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CS Vandana Kacholia

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CS Vandana Kacholia (Expert)
20 October 2009 agree
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