Forum Income-Tax Tax audit clause applicable 4…

Tax audit clause applicable 44ab(a)(e)
Sundaraiah Kollipara
watch_later 07/09/23

A partnership firm hospital Gross receipts rs:60 yearly net profit rs:3 lacs (5 precentage).

Question:

1.Assessess tax audit clause 44ab(a) or 44ab(e) applicable

2.expenses claim pay to registered or gst registered or both types of expenses 44 clause.

1 Response | Latest response: 12/09/23 | Sort by Likes(thumb_up) Recent | Income-Tax Reply
GST Payer
watch_later 12/09/23
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Here clause 44ab(e) will be applicable if its a clinic. If its a proper hospital, then it falls under business and not profession and 44AD will be applicable and audit section should be relevent to that.

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