2 out of 6 clients are not willing to get into GST. Whatever Fees are there they will pay salary and deduct TDS under 192.
I want to restrict receipts below 50L to be available for 44ADA.
I come in 30% brackets. My question is
1) If i take as Salary full amt will be subject to tax
2) If I take as professional fees, only 50% is subject to tax.
For s.no 2 every Rs100 i have to pay Rs 15.25 as GST and only 84.75 will be fees.
Which is beneficial salary or Professional fees. Other clients are giving proper professional fees with 18% GST.
CAclubindia
