HEALTH

Approval of Global Speciality Hospital Gwalior under Section 17(2)(viii) of Income Tax Act

By TEAM CIRCULAR EXPRESS • 01 Jan 2025
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The Office of the Principal Chief Commissioner of Income Tax, MP & CG, has granted approval to Global Speciality Hospital, Gwalior, under Section 17(2)(viii) of the Income Tax Act, 1961. This approval allows medical expenses incurred by employees at this hospital for specific prescribed diseases to be exempt from being treated as a perquisite. The approval is effective from April 1, 2025, to March 31, 2027, subject to compliance with statutory conditions. The hospital must remain open for inspection and notify authorities if it ceases to meet the required conditions. Failure to comply or misrepresentation of facts may lead to the withdrawal of this approval.
City
Gwalior
State
Madhya Pradesh
purpose of issuance
Granting approval to a hospital for tax exemption on medical expenses under Section 17(2)(viii) of the Income Tax Act
Most Important Details
Approval granted to Global Speciality Hospital, Gwalior, effective from 01.04.2025 to 31.03.2027 for specified medical treatments.

Regards, Circular Express

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Approval of Global Speciality Hospital Gwalior under Section 17(2)(viii) of Income Tax Act

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