Doctor received Professional Charges U/s 194 J is fully Taxabale or not

Sir

Doctor working in a Hospital received Professional Charges U/s 194 J for the F Y 2019-20 of Rs. 660000 / Year 

is fully Taxabale or not ?

How can I file the income tax Return  Profession: u/s 44ADA - Presumptive profits is applicable for in this case or not ?

Please clarify



 

Replies (5)
Quick Summary
This discussion clarifies whether professional charges received by a doctor under Section 194J are fully taxable. It explains that since TDS is deducted under 194J, the income is considered professional and not salary. The doctor can file their income tax return using Form ITR-4 under the presumptive scheme (Section 44ADA), declaring a profit of 50% or more of their gross receipts. Alternatively, they can file as a normal business using ITR-3.

@ Lakshmisha,

You can opt for presumptive scheme u/s 44ADA and file income tax return in Form ITR- 4 by showing your profit @ 50% or above of your Gross Receipts.

For the gross receipt of INR 6,60,000, you should show a profit of INR 3,30,000 or above while filing Income-tax Return. 

Sir 

 Doctor is trainee he was received Rs .660000 instead of salary in Section 194 J  

 

It means he is receiving an amount in the nature of a consultant as TDS has been deducted u/s 194J.

Hence, you should file Return in ITR-4 as per section 44ADA or as a normal business in ITR-3. 

@ Mr Lakshmisha BS.,

As per Your query the TDS deducted u/s 194J as professional income. So, The income will be compute as professional income and it can be file through ITR 4 u/s 44ADA...

Otherwise it can't be consider as salary income...
Doctor's professional income is 660000/- is fully taxable, as TDS deduct under sec 194 j means he is not employee
then there can be file ITR 3 as normal business income
but he can also go with sec44ada by showing 50% of receipt with filing ITR4

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