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Consultancy fees or salary

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Querist : Anonymous

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Querist : Anonymous (Querist)
12 May 2011 Dear sir,

Please let me know,

As a CA is it better to join a company as a consultant or as an employee?

How it makes difference under income-tax perspective and career perspective?
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Sanjeev Sandh

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Sanjeev Sandh (Expert)
14 May 2011 Since you are a CA, please refer the provisions of the Income tax act for Income from Business/Profession and Income from Salary, to get the income tax perspective on consultant versus employee.

Regarding career, if you want to make a career in employment, then you should be employed.
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