Contractual employment

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
15 March 2014 Hi, for an individual who is on a contractual employment by a company as a contract consultant (through a contract agency) and is paid monthly based on an hourly billing rate and hours worked during the month and Contract agency is deducting EPF on salary as per law by the hiring company. (i) Is the individual's (Consultant) income treated as business income or a salary? Please response to it.
Thanks

15 March 2014 IN THE QUESTION ITSELF YOU HAD MENTIONED THE WORD SALARY. SO CONSIDER IT AS SALARY INCOME AND MOREOVER HE IS DEDUCTING PF. PF CAN BE DEDUCTED ONLY ON SALARY.

PLEASE CHECK ONCE ABOUT THE TDS ASPECT LIKE UNDER WHAT SECTION HE IS DEDUCTING TDS WHILE PAYING AMOUNT/

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
15 March 2014 Consultant are on One year contract and TDS deducted us/s 194J.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro

Follow us
add to google news


Answer Query



Company
29 June 2026
ACCOUNTANT

SANDEEP AASHISH & CO

Araria

B.Com

View Details
Company
ARTICLESHIP 15 July 2026
CA Articles

Kinjal H Shah & Co.

Mumbai

CA Foundation

View Details
Company
23 July 2026
CA Inter

Vikram Jadhav and Company

Pune

CA Inter

View Details
Company
06 July 2026
Chartered Accountant (Indirect Taxation)

Gowra Ventures Pvt Ltd

Hyderabad

CA

View Details
Company
24 June 2026
Chartered Accountant

CA Darshita Shah & Co

Nadiad

CA

View Details
Company
21 July 2026
Chartered Accountant

Keshri & Associates

Thiruvananthapuram

CA

View Details
Company
16 July 2026
CA Inter, CA Intermediate, CA IPCC, CA CPT , CA SemiQualifie

Vakilsearch.com

Chennai

CA Inter

View Details
Company
11 July 2026
CA semi qualified

Vakilsearch.com

Chennai

CA Inter

View Details