In our company WTD are getting - fixed remuneration per month plus - some share of profit at end of the year.
Now we have to provide Form 16 to our WTD for filing their ITR since due date is 31st July or you can say for deducting TDS However our profit is not finalised till now and it will took time. so is there any way to line up this issue ???
there is one more query Share of profit given to WTD are taxable in current year or on receivable basis? please suggest