11 May 2010
Ours is manpower supply company hiring people on short term basis - say 6-12 months. and putting on our roll and working for client. An employee draws avg monthly salary as 1.5 lacs. Can you pl. let me know whether the same can be considered as 194J instead of 192 for deducting tax? The relevent case laws if already in existance can also be quoted. Thanks in advance
11 May 2010
If they are given under emplyment agreement it will cover u/s.192B otherwise It is covered under 194C or 194 J based on the nature of work their doing