A doctor is seeking guidance on filing their income tax return, specifically concerning different TDS deductions from two hospital roles: consultant (TDS u/s 194J) and salaried employee (TDS u/s 192B). They are also inquiring about the suitability of presumptive taxation under section 44ADA and how to calculate gross receipts, including whether to combine both income sources. The advice suggests using ITR 4, treating the 194J income under 44ADA and the salary income under the salary head.
17 January 2020
Hi, i'm a Doctor and i'm working with a hospital as a consultant and they're deducting TDS U/S 194J, and i'm also working with another hospital as a salaried employee they're also deducting TDS as per sec.192B and my confusion is which form is suitable for me for the purpose of return filing, if im opting for presumptive taxation u/s 44ADA how can i compute the Gross receipts? can i consider both the incomes for the purpose of computing the Gross Rceipts? Thanks in advance.