can a person who is not a professional doctor but is in business of medical hospital opt for declaration of his income u/s 44AD @ 8% on gross receipts??
RAKSHIT MEHTA (tax consultant) (114 Points)
28 March 2017can a person who is not a professional doctor but is in business of medical hospital opt for declaration of his income u/s 44AD @ 8% on gross receipts??
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(170785 Points)
Replied 28 March 2017
Yes, subject to Turnover
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)