07 September 2017
Dear Sir, For private hospitals/ nursing homes shall we take 8% or 50% of income on total receipts to avoid audit u/s.44AD please explain in detail sir
08 September 2017
Hospital or NursingHome is come under purview of business ,will not come under purview of 44ADA declare 50%
You have not explained status of formation whether trust or company Act required audit of books of accounts is mandatory you have to fill profit and loss account and Balance sheet.
CAclubindia
