Become a Govt. Certified GST Practitioner in just 60 hrs. Register Now!

Regarding 194J....

23 February 2018

I am a doctor working only in NUHM, they pay me the salary by deducting 10%TDS through 194J section. I want to know that, Am I need to calculate tax for my full amount or can i claim my professional expenses and can the tax be limited to my profit?

Reply
Follow
Share

1 Replies

om sai srikar (Intern) (47 Points)
Replied 23 February 2018

Hai Abdul Jaleel

As you are receiving fees for Professional services your income will be computed under the head "Income from Business or Profession" and you can claim expenses which are incurred in the course of rendering Professional Services and you can pay Tax on the net amount after deducting expenses.

1 Like