No Sec. 10(23C) exemption if fees charged by hospital are at par with other hospitals; SC dismissed review petition

INCOME TAX : Review petition dismissed against impugned order of Supreme Court that where apart from consultancy charges received in OPD (outpatient department), remuneration had been paid by assessee-hospital from earnings of IPD (inpatient department) to doctors who may not be working in that department and furthermore rates being charged by assessee from patients were at par with commercial hospitals, denial of exemption under section 10(23C)(via) was justifiedINCOME TAX : Review petition dismissed against impugned order of Supreme Court that where apart from consultancy charges received in OPD (outpatient department), remuneration had been paid by assessee-hospital from earnings of IPD (inpatient department) to doctors who may not be working in that department and furthermore rates being charged by assessee from patients were at par with commercial hospitals, denial of exemption under section 10(23C)(via) was justifiedwww.taxmann.com Latest Case LawsRead More

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