Hello everyone ,
I am a doctor currently preparing for PG entrances while doing on call duties at hospitals near hyderabad. so, I am paid for duty on call on daily basis or at the end of my duty. I do around 10 - 15 duties per month and while I take the payment the administration deducts 10% of the amount saying that it is for Income Tax purposes and they also take my PAN card number.
Now my doubts are,
1) is this practice correct
2)if it is correct should I collect any proof or form stating that I have paid Income Tax so that i can apply for returns. 3)can anyone please provide me with the relevant form names for the above situation.
thank you!!
Doctor Queries 10% Tax Deduction on On-Call Duty; Advised to Check Section 194J Compliance and Obtain Form 16A A doctor in Hyderabad inquired about the correctness of a 10% tax deduction from his on-call duty payments for income tax purposes. He sought advice on obtaining proof of tax payment for filing returns. Respondents clarified that the hospital's practice of deducting tax at source is correct under Section 194J of the Income Tax Act. They advised obtaining Form 16A from the hospital and accessing Form 26AS from the Income Tax Department's website to verify tax credits. They also recommended consulting a tax professional for further assistance and ensuring the accuracy of TDS returns. (AI Summary)