Can we delcare 50% income UNDER 44ADA though actual income earned is 100% for a doctor ?

211 views
User Avatar

Student CA IPC / IPCC
157 Points Posted on 08 December 2021

Hello,

A doctor is given salary and TDS has been deducted as per 194J so can we delcare it under 44ADA.

can we show 50% income though it being salary income is 100% and the same is lying in the bank account.

 

can we make investment of the actual earned amount?

0 Reply Share Follow
On 08 December 2021 at 18:07 Report
Replies (1)
User Avatar

64 Points Posted on 08 December 2021
As per my reading the employer deducted TDS u/s 194J, because it is giving as professional fees, so we can declare 50% income under 44ADA
Reply
On 08 December 2021 at 21:54

Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. SUPPLEMENTARY AGREEMENT FOR ADDING A PARTER IN TN
  2. Part availmement of ITC in case of rejection of su
  3. Due date for itr 5 no audit with loss for fy 25 26
  4. Capital Gains Mismatch AIS
  5. Inward E-way bill from Tally Prime 7.1
  6. Query regarding exemption under Section 10(10AA) &
  7. NPO registered under sec 8 itr filing
  8. Form 144 (Earlier 27Q) – Reason Code (A/C/G/
  9. Nps taxation
  10. Representative assessee

More recent discussions | Post

Related Topics :

Loading

Latest Job Openings

View all
Company
ARTICLESHIP 10 July 2026
Article Assistant

N S Gokhale & Co

Thane

CA Inter

View Details
Company
ARTICLESHIP 16 July 2026
CA Article

Pipara & Co. LLP.

Mumbai

CA Inter

View Details
Company
06 July 2026
Chartered Accountant (Indirect Taxation)

Gowra Ventures Pvt Ltd

Hyderabad

CA

View Details
Company
ARTICLESHIP 16 July 2026
Article Assistant

G A R U D & Associates

New Delhi

CA Inter

View Details
Company
Featured 18 July 2026
Senior Manager- Finance & Accounts

apricus india

Ahmedabad

CA

View Details
Company
ARTICLESHIP 17 July 2026
Article Assistant and B.com pass

BANSAL YOGESH AND CO

Gautam Budh Nagar

B.Com

View Details
Company
23 July 2026
CA Inter

Vikram Jadhav and Company

Pune

CA Inter

View Details
Company
ARTICLESHIP 07 July 2026
Articleship

Jawahar and Associates Chartered Accountants

Hyderabad

CA Inter

View Details
Follow