Channi (COO) (43 Points)
28 August 20171.I am presently getting remunerations under 194J as professional & technical services rendered to Hospital
2. Paying 10% TDS and claiming by filing ITR4.
3. Now accounts department says due to GST on hospitals my salary will paid under 192 and in addition to 10% TDS another 18% would be charged as Reverse GST.
4. This implies that my salary would be far less than now.
IS THIS TRUE??
Akash
( )
(375 Points)
Replied 29 August 2017
Prima facie it does not look right. Firstly, TDS under Section 192 is not fixed at 10%, it is calculated on an average rate of income tax considering the estimated income of assessee. Secondly, unless you are a Director in the Company, reverse charge provisions under GST do not apply to you.
CAclubindia
