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Discussion > Taxation > Income Tax > 44 ab - inclusion of reimbursement of expenses   Unanswered Threads Post New Topic

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Harsh Girish Patel


Final CA Student
[ Scorecard : 32]
PRO CHAT CALL
Posted On 22 May 2012 at 18:10 Report Abuse

Dear All Members,

  • A one assessee is a doctor by profession & skin specialist also deals with the patients having HIV AIDS.
  • he has made an arrangement of pathological reports & medicines etc for his patients
  • for which he his reimbursed by the patients & his bill also provides the breakup of the same
  • for reports & medicines he is not charging extra amount over and above the cost for such services to him
  • so my question is whether for applying section 44AB reimbursement of aforesaid expenses is to be included  or not?

Plz provide your opinion on the said matter.

C. P. CHUGH


Practicing Lawyer
[ Scorecard : 1210]
PRO CHAT CALL
Posted On 22 May 2012 at 21:45

In Profession whatever is charged from customers/clients/patients forms part of the gross turnover and as such is to be included for the purposes of section 44AB.  Otherwise, whatever the said doctor is paying for outsouricing services such as pathology, xray,ultrasound are also subject to deduction of tax at source under chapter XVIIB of the Act.  Now assuing he is deducting and paying tax at source by treating those payments as his expenditure, then why corresponding receipts should not be his income/gross receipts. 




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