28 February 2018
I am working on contract basis as a Lecturer in a Polytechnic in Telangana state and getting a consolidated amount of Rs.40,270 Rs per month. My tenure is 10 months in every year and it is to be renewed in every year . My Administrative Officer is planning to cut TDS according to Section 194J. My query is whether its appropriate to apply 194J, as I need to suffice the same earned money for remaining 2 months as my contract terminates for every 10 months and every time there is no certainty that the contract gets renewed once again. Is it not appropriate to apply 192B to contract Lectures ?. Which one is correct kindly clarify my doubt.
28 February 2018
TDS u/s 192B us applicable to Salaried Employees on Roll, on Contract / Casual lectures on Roll temporary period if you hire particular period either you can apply 192B or 194J @10% professional or Consultancy fees.
Read more at: https://www.caclubindia.com/experts/tds-in-192-b-2633704.asp
Querist :
Anonymous
Querist :
Anonymous
(Querist)
01 March 2018
Good evening sir, You are giving two options , we can not apply two ,so kindly give exact section which is applicable to contract Lectures from the data provided by me. This is very much required as early as possible.