Tag Archives: #ITRforHospitals

What tax deductions are available for Hospitals during ITR filing? 0

Hospitals Tax Deductions   Hospitals in India can avail various tax deductions while filing their Income Tax Return (ITR). These deductions help hospitals reduce their taxable income, ultimately lowering their tax liability. Three important deductions that hospitals can consider are: ◘ Section 80IC: Under this section, hospitals located in specified backward areas can claim a… Read More »