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Donation Received By Doctor

06 December 2022

Agar koi doctor practice main hai aur usko company bolti hai ki wo usko ek particular amount ka donation de rahi hai 80G main to Kya uss doctor ko Lena chahiye? Aur agar liya to wo donation report kaise karenge?

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2 Replies

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (161096 Points)
Replied 06 December 2022

Doctor may take the amount, but he is not registered under sec. 12 of IT act, so there will be tax on the amount. It will be treated as taxable gift.

Sarthak Kumar Dash (Student) (225 Points)
Replied 06 December 2022

Section 80G is a facility available in the Income Tax Act which allows taxpayers to claim deductions for various contributions made as donations. The deduction under the Act is only available for contributions made to the specified relief funds and charitable institutions.

In your case, it will be taxable in your hand. And, the company is liable to deduct tds u/s 194R @ 10% if the amount is more than Rs. 20,000.

This is my understanding from your post. Thanks.