Even in the case of charitable hospital, it is not possible to ...

Charitable hospitals' pharmacy income not exempt u/s 11; free meds only for very deserving cases.

July 25, 2016

Case Laws Income Tax AT

Even in the case of charitable hospital, it is not possible to provide medicines to every patient, free of cost. It is only in very deserving cases, a charitable institution could provide medicines free of cost. Thus we find that the collection received by the assessee from its pharmacy section cannot be excluded from computing the income eligible for exemption u/s 11 of the Income-tax Act, 1961 - AT

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Even in the case of charitable hospital, it is not possible to ...

Charitable hospitals' pharmacy income not exempt u/s 11; free meds only for very deserving cases.

July 25, 2016

Case Laws Income Tax AT

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