Professional charges

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

29 November 2010 I hv joined a CA firm as an employee but i hv been paid as professional chgs and not as salary and 10%tds is deducted. Also they hv not asked my pan no.simply they are deducting and giving the net.
So pls tell me hw i can file my IT return and claim tds. Hw will i show my income in my books. Is service tax regn is required for me. pls advice.

CA.Madhusudan B.P.

CA.Madhusudan B.P. (Expert)
Follow

29 November 2010 For the time being they are deducting TDS & net amount is paid to you. Definately either at the quarter end or year end they issue the form 16A. Alternately you can register in NSDL for Form 26AS & see the credit amount in your account.

If your professional fee exceeds Rs.9 lakhs p.a. you need to get register with Serice tax dept.