TDS ON STIPEND
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
04 April 2011
What should be Tds rate on Stipend of Rs. 5000/-Per month paid to Trainee .
Suppose Initial period is 3 months, and then extended to 10 months.
Terms of letter are that this is independednt contract and is not employee of co.
Suppose Initial period is 3 months, and then extended to 10 months.
Terms of letter are that this is independednt contract and is not employee of co.
04 April 2011
I hope there is no room for TDS since the payment in total does not exceed the tax limit.
Querist : Anonymous
Querist :
Anonymous
(Querist)
04 April 2011
In which section of I.tax Act you are covering it, Sec. 194C or Sec. 194J or any other .And why ?
If stipend amount is Rs. 10,000/- per month then also let me know the status of Tds ? It's Urgent.
If stipend amount is Rs. 10,000/- per month then also let me know the status of Tds ? It's Urgent.
04 April 2011
If at all TDS can be deducted can be done u/s 192 only as it is what the BIG 4 are deducting at.
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?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- GST on export of services and Input Credit
- TDS U/S. 194NF
- Applicable TDS rate for sale of property in Nov 2024
- RCM INVOICING FROM NOV-2024
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- 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 einvoice taken on nil rated sales
- Strategical investment in Public listed company
- CASE INTIMATION OF LIABILITY UNDER SECTION 73(5)(Rule 142(1A)
- Need to correct "Whether it is last installment " response in Form 26 QB
Trending Online Classes
CAclubindia
