Consultant fees
This query is : Open
Querist : Anonymous
Querist :
Anonymous
(Querist)
20 June 2016
Payment received towards Consultant fees is part of salary ? While filling IT return where i have to reflect it. TDS is deducted every month under Sec.194J @10%.
Please clarify
Thanks
V D Patel
Please clarify
Thanks
V D Patel
20 June 2016
It depends upon whether u r receiving from the same person who is your employer
21 June 2016
no its professional fee. if you its part of your salary then its come under the tds u/s 194J
21 June 2016
it seems a case of hiring on retainer ship basis paid monthly. But as 194J is done it will be professional income not salary
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- ITC temporary reversal and reclaim
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- TDS U/S. 194NF
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- Applicable TDS rate for sale of property in Nov 2024
- RCM INVOICING FROM NOV-2024
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding Resignation by Auditor from Pvt. Ltd.
Trending Online Classes
CAclubindia
