Income from pathology lab come under business or professionlab income come under business or profession?
PRASHANT DESAI (Service) (49 Points)
25 January 2017PRASHANT DESAI (Service) (49 Points)
25 January 2017
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(179169 Points)
Replied 25 January 2017
Pathlab itself is business activity, but any fee (& not salaries) paid to doctors/technicians/analyst is professional fee.
Jytoi Roy
(2 Points)
Replied 30 November 2024
Whether path lab is a business or profession ,any case law regarding this matter.
Mitali
(Finance Professional)
(15216 Points)
Replied 02 December 2024
A pathology lab is treated as a profession if operated by a qualified professional personally engaged in diagnostics.
Mitali
(Finance Professional)
(15216 Points)
Replied 02 December 2024
If the lab is operated as a commercial enterprise like collecting and forwarding samples without professional expertise, it may be treated as a business.
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