Deduction under section 80-IB(11B): auditor-certified computation and compliance for rural hospital deductions, with technical and document checks. Audit report for deduction under section 80-IB(11B) requires identification and ownership details of the assessee and hospital, local authority approvals, location and technical specifications, and financial disclosures including total receipts, other receipts, related party transactions, profits from the rural hospital business, and the claimed deduction amount. The auditor must attach profit and loss and balance sheet, confirm examination of books and adequacy of branch returns, state compliance with statutory conditions and that accounts give a true and fair view, and sign the declaration as a qualified auditor.
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Deduction under section 80-IB(11B): auditor-certified computation and compliance for rural hospital deductions, with technical and document checks.
Audit report for deduction under section 80-IB(11B) requires identification and ownership details of the assessee and hospital, local authority approvals, location and technical specifications, and financial disclosures including total receipts, other receipts, related party transactions, profits from the rural hospital business, and the claimed deduction amount. The auditor must attach profit and loss and balance sheet, confirm examination of books and adequacy of branch returns, state compliance with statutory conditions and that accounts give a true and fair view, and sign the declaration as a qualified auditor.
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