Please solve my query , If the article student doing Accounting work for small co. from home, wht will be the nature of income & At wht rate TDS will deduct by the co.
3 Replies
saravanan
(proprietor)
(71 Points)
Replied 05 June 2007
If employee work as part time or full time or assignment accounting work, whatever may be. it can be treated as fultime employee and will deduct tds asper IT Act. THIS INCOME SHOULD BE DECLARE UNDER OTHER SOURCES
Ameet
(L)
(1678 Points)
Replied 05 June 2007
But whether the article student can be declared as part time employee of the company ?
Vk Duggal
(320 Points)
Replied 05 June 2007
article clerk cannot be part time employee.
If the amount exceed Rs. 20,000 in a year TDS in the category of professional is required to be deducted u/s 194J.
Recent Topics
- Can i declare LTCG income as business income if I
- Stock entry in new software
- I have an EMI collection shop, what is its SAC cod
- Making payment once in quarter possible under QRMP
- Master File Documentation related
- Applicability of 44AD needs clarification
- ITC reversal in GST 3B
- Claim if ITC on stocks 19-2020 conversion from com
- Urgent doubt on GST
- Profit or Loss on Sale of Assets Accounting treatm
Related Threads
CAclubindia
