Stiphend - TDS
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
24 June 2011
If any temporary secretary who has been paid Rs 30,000 p.m has a stiphend for the month of Apr & May 2011 on which no tds has been deducted b,coz she is on contract upto June 2011 and below the taxable limit . If the company wants to pay here special allowance of Rs 30,000 whether we have to deduct TDS on this or not, If yes, then from Apr to June 2011. Her total income from Apr to June 2011 will be Rs 90,000 plus Rs 30,000 as special allowance. Therefore her total income during the period will be Rs 1,20,000 which is below the limit.
If the same trainee will be appointed as an employee from Jul-2011 in the same company.
Please suggest
If the same trainee will be appointed as an employee from Jul-2011 in the same company.
Please suggest
27 June 2011
If the things and intentions are predetermined it is advisable to deduct TDS as the terms of contract or service agreement are guiding so.
*
On the basis of her annual salary monthly average TDS may be found and paid.
*
You may deduct TDS of the last 4 months on the entire amount paid to her so that her take home salary can be maintained.
*
In case there is no agreement to retain her after completion of her training period , TDS requirement does not arise in case she has been termed as an employee in the documents.
*
On the basis of her annual salary monthly average TDS may be found and paid.
*
You may deduct TDS of the last 4 months on the entire amount paid to her so that her take home salary can be maintained.
*
In case there is no agreement to retain her after completion of her training period , TDS requirement does not arise in case she has been termed as an employee in the documents.
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
- House Property Reporting in ITR
- Supply through E-commerce Operators
- Sales amount in Gstr1
- TDS Claim year
- Rent lease agreement
- Relief u/s Section 89
- TDS Challan Code
- GST Rate applicable for 0% Food Items sold by an Industrial Caterer
- GST Registration Horse racing
- Section 43B(h) – MSME Invoice Paid Before Year End but After 45 Days
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- 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
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
