We have a private limited company. It delivers online courses to students in India and abroad.
Some of our teachers are college and university students who work part time with us. They usually work for some months and then switch jobs.
They work online and almost never come to the office. Their monthly payments range between ₹8000 to ₹15000 depending on weekly commitments of work-hours.
How much TDS should we be deducting?
Can these part time teachers be regarded as Technical Service providers and then deduct TDS at 2% or Contractors and then deduct TDS at 1%?
Or should they be treated as professional service providers and TDS to be deducted at 10%?
As most of them do not have income tax files, and the amount is really small, we wish to deduct as little TDS as possible to reduce complexity. Please advice.
Tax Audits for Individuals with Turnover between 1 Cr to 2 Cr are to be counted for the purpose of 60 Audit Limit. Audits below 1Cr will not be counted as 44AD Audits are excluded from limit. However i have doubt with regard to Turnover between 1 Cr to 2 Cr.
Hi, Foreign exchange rate variation risk is applicable for Buyers credit and LC transaction? For cover exchange rate risk under buyers credit whether we have to go for additional risk cover mechanisms?
If assessment is pending or completed then assessee is not eligible for filing updated return.
If assessee received intimation having some demand then can it be said assessment is pending or completed and assessee is not eligible for filing updated return?
If assessee file updated return and disclose some additional income which are eligible for deduction under chapter VI A, can assessee claim it by disclosing additional income in updated return?
In Clause 44, Is all Expenditure Should be disclose including bank charges, fuel expenses and other cash expense. If YES, Where to disclose it? under the expenditure in respect of entities not registered under GST?
Please Clarify My doubt.
Dear All,
Please try reply my query, we are doing process job for someone my valued customer, we are purchasing materials and after processing the same we are charging our processing charges and we are doing smoothly.
Now the same party is intending to send Fule for the job and we will not interested take the fule as purchase the fuel from them.
My question is how they send the fuel from Gujrat to West Bengal without Tax Invoice? how to accountable the same from our end?
while GSTR 1 my goods got return after filing of shipping bill but egm not filed , there was total 4 invoice including goods return invoice , while refund filling portal is asking for EGM no but in the absence of egm no . not able to file refund . KINDLY ASSIST HOW TO APLY FOR REFUND
My original gender is female.In SSP Portal it is shown as male. How to change that sir. kindly help me
Dear All,
The company I represent a company that has No PE in India, and we are a provider of services to the aviation industry.
We have submitted the TRC, No PE, and Form 10F to our clients.
However, on 16 July 2022, as per Notification No. 03/2022 , we have to file Form 10F electronically on https:// www.incometax.gov.in portal.
How can we do the same as we do not have a PAN as there is no establishment in our country.
I registered for CA inter from direct route for which I'm not eligible at all. As per the ICAI ticket solution resubmit the application with request to reject. So i want to know how can I reject my application so that I can find CPT route form.
I have 2 days left for registration.
LIVE Course on GSTR-9 & GSTR-9C (Technical | Practical | Concept - Based)
TDS rate for part time tutors in private limited company