Form 25 for Doctors: The Complete FAQ Guide
If you're a doctor, you've probably heard about Form 25 over the past few weeks. Most doctors assume it's a brand-new compliance requirement. It isn't. You've always been required to maintain a daily case register — Form 25 is simply its new name. Here's everything you need to know, in one place. Quick Summary 👉 Form 25 is a daily case register for medical practitioners. It is not a form to fill out and submit 👉 It's required if your gross professional receipts crossed ₹1.5L in any one of the last three tax years — or are expected to, if you're newly set up. 👉 It is maintained, not submitted every year. You only produce it if the Income Tax Department asks. 👉 It can be maintained digitally or manually. 👉 Records should be updated daily and preserved for 7 tax years. 👉 MediXcel Connect can maintain and generate Form 25 for you, automatically, as part of your regular consultations. Why is every...