Tds on contractual employees in govt offices
This query is : Open
02 April 2015
I m emp. In state run govt deptt on contract basis.
What rate/section of TDs will be applicable on my salary?
What rate/section of TDs will be applicable on my salary?
02 April 2015
In case, contract agreement between you and dept, then tds rate will be 1% u/s. 194C
Otherwise, tds will be computed as
Total Income recd
Less: deduction
Taxable income
Tax on taxable income
Tax amount
No.of months you worked
TDS will be - Total tax amount will be divided by the no.of months, you worked
Otherwise, tds will be computed as
Total Income recd
Less: deduction
Taxable income
Tax on taxable income
Tax amount
No.of months you worked
TDS will be - Total tax amount will be divided by the no.of months, you worked
02 April 2015
Thx
My employer is insisting to deduct @10% u/s 194j
Please advise on relevant references to support of u/s 194c.
Rgds
My employer is insisting to deduct @10% u/s 194j
Please advise on relevant references to support of u/s 194c.
Rgds
02 April 2015
In case work involves mannual work, effort, then it will be comes under section 194C
In case work involves the skill, talent, mind then it will be comes under section 194I
So, you can decide yourself, your scope of work falls under which section.
In case work involves the skill, talent, mind then it will be comes under section 194I
So, you can decide yourself, your scope of work falls under which section.
02 April 2015
Thanks,
Sir,
Could u plz put some references to convince my employer (if available).
Thanks & regards
Pg
Sir,
Could u plz put some references to convince my employer (if available).
Thanks & regards
Pg
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