Ostroff, Fair and Company
*Ostroff, Fair and Company>>>India Taxes

How do private doctors pay taxes in India?



How do private doctors pay taxes in India?

they actually dont pay any.That is the truth.


hope i will be awarded the best answer for saying the truth here :)
Add all your receipts (fees), received from the patients.
Deduct all the expenses like day to day exp., telephone(of dispencery), light bill( of dispencery), medicines, salary to compounder, accoutant, fees to Charted accountant, etc.

Further reduce the interest on loan of CAR, depreciation @ 20% on value of car.

What ever comes after this arithmatice, calculate tax as per slab. Pay you tax in any Bank. File return of income.
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