Income from upwork client based uk

This query is : Resolved 
Quick Summary
This discussion clarifies how to declare income received from an Indian client via Upwork, paid in US dollars. It addresses TDS deduction under Section 194O and TCS, confirming that the income should be declared under the PGBP (Profits and Gains of Business or Profession) head. The relevant business code provided is 14005.

Profile Image

Profile Image

(Querist)
06 December 2021 my client is web designer in india and working through upwork whom paid him in US dollars.
Now his tds deducted under section 194O And under TCS bank debited Rs 5589 no TCS deducted
my query is income comes under which HEAD of income and NATURE BUSINESS CODE ???
Profile Image

Dhirajlal Rambhia

Profile Image

Dhirajlal Rambhia (Expert)
06 December 2021 DECLARE THE INCOME UNDER PGBP HEAD.
BUSINESS CODE .. 14005
Profile Image

VIKAS KUMAR SHARMA

Profile Image

VIKAS KUMAR SHARMA (Querist)
06 December 2021 thank you very much ! Sir for prompt reply
Profile Image

Dhirajlal Rambhia

Profile Image

Dhirajlal Rambhia (Expert)
06 December 2021 Most Welcome...
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


Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Pro Member Jitin Aditya KapurJitin Aditya KapurPro Member Rajeev Ranjan PandeyRajeev Ranjan PandeyPro Member Murugan Murugan Pro Member REGIWISE CONSULTANTS PVT LTDREGIWISE CONSULTANTS PVT LTDPro Member NISHANT SIPANINISHANT SIPANI
Subscribe to Pro
Join an elite circle of professionals



Answer Query



Quick Links



Browse by Category