Hospital
Through Medical Supdt.
Punjabi Bagh
New Delhi-110026
Dr. Parul Sehgal
IVF Specialist
Maharaja Agarsen Hospital
Punjab Bagh
New Delhi .........Opposite Parties
CORAM ... Ganga Ram Hospital in Delhi. She was advised to go for IVF procedure. Again finding the procedure expensive, she went to Maharaja Agrasen Hospital Punjabi
regarding taxability of the
receipt/income of the assessee as received from IVF in the shape of
shares of Biocon and short term capital loss ... sale of shares by
IVF itself. The treatment of such income has been provided under
sec. 115U . For the sake of ready reference, we quote
facts in considering interest income as
income from other sources under Chapter-IVF of the Act in place of
income from business or profession under
being short term capital
gain on sale of shares of M/s.IVF Holdings Pvt. Ltd.,
on the ground that the said income is exempt ... being
Short Term Capital Gain on sale of shares of M/s.IVF Holding Pvt.
Ltd. and interest on loan
Systan Patanol
(7) syp. Polycrut fort gel.
(8) Nadexin Ointment
(9) IVF & other supportive."
5. Thereafter, from 31.08.2010, the patient was shifted
facts in considering interest income as income from other sources under Chapter-
IVF of the Act in place of income from business or profession under
fees of Rs.
2,000) for the treatment referred to as IVF, whereas in the rate card the
professional fees were ... payment
was cash only and
the treatment was
advanced form of
IVF.
Mrs.Nalini Rathod served Mr. Balwant Rai
4. Rathod husband of
Mrs. Nalini
cannot
be imposed. Reliance is placed as under:-
(i) DCIT vs. IVF Holdings (P) Ltd. Mumbai (ITA No.
4960/Mum/2010
surrogate
mother to bear a child by employing the In-Vitro Fertilization (IVF)
methodology. The expected date of delivery as per the Doctors
being the medical expenses expended by her at Jindal IVF and Sant Memorial Nursing Home, as per Bill No. 6238 on record
