Hospital definition under income tax clarifies inclusion of dispensaries, clinics and nursing homes for perquisites assessment. The term Hospital for purposes of clause (2) of the Income Tax Act, 1961 includes a dispensary, a clinic and a nursing home, thereby classifying those ... Summary
Hospital definition under income tax clarifies inclusion of dispensaries, clinics and nursing homes for perquisites assessment.
The term Hospital for purposes of clause (2) of the Income Tax Act, 1961 includes a dispensary, a clinic and a nursing home, thereby classifying those establishments within the statutory concept of hospital for tax provisions relating to employer-provided facilities and perquisites.
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