Professional fees chargeable as ?
This query is : Resolved
05 March 2013
A person earns from teaching online courses through various online platforms on which TDS is deducted by them. He wants to show his income under the head 'Profits and gains from business or profession' and also claim some expenses against such income which he has incurred for content creation . Can he do so? Please explain?
05 March 2013
yes, he can do so, he didn't have employer and employee relation ship with any one so he shall offer his income as professional under the head PGBP. As well as first confirm is the deductors deducting TDS u/s194J or u/s 192 i.e issuing form 16A or form 16. In case they deducted u/s 192 and issuing form 16 then their is employer and employee relation ship then should be offer income from Salary.
OM SAI SRI SAI JAI JAI SAI
OM SAI SRI SAI JAI JAI SAI
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
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Opting our of sec 44AD
- Regarding TDS Applicability For Director Remuneration
- Value of property in capital gain
- Multiple trade mark
- Regarding appeal to GSTAT
- Copyright software
- LC charges in relation to Asset purchased should be Capitalised ?
- Transporter Declaration form
- SALE OF MOTOR CAR BY REGISTERED INDIVIDUAL
- Taxation on Swing Trading Income (No Other Income)
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
