Tds on budget consultant salary

729 views 9 replies

Hey i have query regarding TDS . I am working with one government organization. Here my appointment is as budget consultant. My monthy remuneration is Rs.35000 . This post is based on qualification of MCOM and some government experience. Here it is contractual appoitment  and in contract it is clearly mentioned that i have to attend office timing and i am not permitted to do business or service anywhere. So my query is that whether 2% TDS or 10 % TDS is levied on my monthly remuneration or  i am termed as salarised employee and TDS is as per it ?

 

Kindly solve my quesry

Replies (9)

please reply its urgent

TDS shall be 10% because you are on contractual appointment probably having a fixed term of employment in this organisation.

Well there is an existence of contract & Tax has to be deducted u/s 194 C @ 1%

Agree with Surendra.

yup...there is existance of contract on 100 Rs. stamppaper....

@ surendra and dulal.....i request you to elaborate the u/c 194 C in details ........

other member are also requested to give their views ...plz...its urgent.........

194C

If deductee is Company then TDS @ 2%

If Deductee is non-company TDS @ 1%

in 194C is it written or elaborate that contract for providing consultancy service attract 1% or 2% rate. ?? plz explain i need to provide supporting also...

I am not sure why 194C shall apply here. You are a consultant working here on a contract, like so many IT professionals. How can 194C apply? 

TDS shall be 10% u/s 194J.

@ mihir...its contarct and it is mentioned in the contarct that i am not permissible to do any business or profession....so TDS is leived at 1% or 2%. 

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