https://www.taxtmi.com/caselaws?id=766903 ITAT Mumbai held that a partnership firm providing IPD services, room rent, and X-ray facilities conducts business activities, not medical profession under Section 44AD. The firm's income from ancillary hospital services differs from doctors' fees, which are separately declared by individual doctors. Relying on Dr. K.K. Shah and Shalini Hospitals precedents, the tribunal ruled Section 44AD provisions apply to the firm's business income. The assessee's consistent 6-11% net profit ratio in previous years was accepted, making additions based solely on partner statements unwarranted. Appeal allowed. en-us Mon, 10 Feb 2025 00:00:00 +0530 Thu, 06 Mar 2025 07:35:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=766903 ITAT Mumbai held that a partnership firm providing IPD services, room rent, and X-ray facilities conducts business activities, not medical profession under Section 44AD. The firm's income from ancillary hospital services differs from doctors' fees, which are separately declared by individual doctors. Relying on Dr. K.K. Shah and Shalini Hospitals precedents, the tribunal ruled Section 44AD provisions apply to the firm's business income. The assessee's consistent 6-11% net profit ratio in previous years was accepted, making additions based solely on partner statements unwarranted. Appeal allowed. Case-Laws Income Tax Mon, 10 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=766903