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Room Rent of Hospitals

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(Querist)
26 November 2009 Dear all

hospital received Room rent ( Bed Charges )from patients of Rs.1 crore during the financial year 2008-09.

Please tell me as per income tax act,1961 in which head room rent will be taxable. ?

Thanks

S.K.Gupta
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
26 November 2009 Business
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CA Ravi Sisodia

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CA Ravi Sisodia (Expert)
26 November 2009 yes, in Business & prof. head
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Sunil

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Sunil (Expert)
26 November 2009 It is part of Hospitals business to charge for room or bed in a general ward or ICU.

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