Employee consultant
This query is : Resolved
03 June 2019
I am a Consultant working only for one company. I wont come in company payroll. I provide bill every month and get my remuneration. I am senior citizen and having an exemption certificate of Rs. 300,000
Which ITR form I should use? pls guide me
Which ITR form I should use? pls guide me
03 June 2019
If you are professional eligible to claim benefit under section 44ADA file itr 4 else file itr 3.
Message likes :
1 times
03 June 2019
Will TDS be deducted my employer when i follow persumptive tax scheme?
03 June 2019
If 194J TDS is deducted you can opt for presumptive scheme.
Message likes :
1 times
03 June 2019
Suppose my remuneration is Rs 400,000 per year and I opt for persumptive taxation, then my total income u/s 44ADA will be Rs 200,000 which is within taxable limit. Hence no TDS should be deducted by Employer. Am I right ? Pls correct me if wrong.
03 June 2019
You are not right for consultant 10% TDS applicable if payment exceed 30000.
Message likes :
1 times
04 June 2019
So in the above case my income is within the taxable limit and tds has been already deducted as amount exceeded 30,000 (Rs. 400000*10% = 40,000) hence I can claim refund of my tds paid Rs. 40,000.
04 June 2019
Yes file ITR and claim refund.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Regarding Appointment of auditor in case of casual vacancy
- GST- DRC 03 RCM Liability
- Conversion of Proprietorship Firm to Partnership Firm
- Validity of form 15 G and 15 H on Interest on fixed deposit
- Query on managerial remuneration u/s 197 of CA 2013
- Supply to unit situated in SEZ
- Threshold limit of under GST for insurance agent
- GSTR 1- Amend Credit Note
- Updated return filing
- International transfer pricing- -> father entity vs son entity ->WHERE NO mutual say in management
- EXCESS CREDIT REALTED GST REVERSAL
- Export invoice not reported
- CA Articleship Extension Matter
- GST OFFICER WRONG NOTICE
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Composition Dealer GST Annual Return Filing process
- Revision under Section 264 in The Income Tax Act, 1961
- TDS under section 195.
- Filing GST Returns after death of proprietor
- Registered Required in GST Act
Trending Online Classes
-
Live Course on GSTR 9 & 9C for FY 24-25(Detailed discussions, FAQ, Case studies and Live demo of GSTR 9/9C on GST Portal)
Industry Expert16 November 2025
CAclubindia
