Accounting and taxation AOP registered hospital

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Kollipara Sundaraiah (Querist)
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27 February 2022 Sir,
A Doctor hospital maintained new pan registered hospital name under AOP status.
Question:
Accounting records maintained and taxation procedure AOP for hospital accounts.

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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01 March 2022 There is no separate accounting standards for AOP.
For details refer:: https://askinglot.com/what-is-aop-accounting

For tax assessment refer:
1. https://www.incometaxindia.gov.in/Pages/i-am/aop.aspx?k=Tax%20Payment
2. https://www.incometax.gov.in/iec/foportal/help/non-company/return-applicable

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