Poonawalla fincorp
Poonawalla fincorp

Regarding Tax Planning.

This query is : Resolved 

18 August 2010 Hi,

One of my client who is a doctor is working in hospital (fulltime), but the hospital deduct their TDS u/s 194J(For Professional),then while filling the return how should I make planning so that we can take optimum benefit of the exemption.

Can anybody plz guide me.

Thanking you,

18 August 2010 if you are income tax liability is less based on that you can apply for TDS exemption or lower rate certificate

18 August 2010 You can take exemption by investing in modes specified u/s 80C here
https://www.caclubindia.com/forum/all-about-deduction-under-section-80c-and-tax-planning-99991.asp

YOu can show conveyance expenses, claim depreciation on any assets used like motor car for travelling and other sundry expenses to minimize ur income and save maximum tax.


18 August 2010 The above view is seen generally followed by 194J certifcate holders.



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