Easy Office
LCI Learning

Tds


Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
21 October 2017 Recently i have joined an organization (Firm 1) who outsourced the entire recruitment process to another organization (Firm 2). I have quoted 1.25 Lakh per month towards my fee for the services. I am on the payrolls of firm 2 but my services are for the firm 1. Firm 2 receives 15 % commission on my salary which is exclusive of the quoted amount. I would like to know how much of the quoted amount will fall into "TDS". Normally as a contractual employee, i am of an opinion that 10% of the Remuneration will fall under TDS. Kindly confirm

21 October 2017 As per me TDS can be deducted as per following section: 1) If treated as Contract than TDS @1%/2% u/s 194C 2) If Treated as professional Services than TDS @ 10% u/s 194J 3) If treated as employee i.e Registered for PF, ESI, P.Tax than TDS as per slab rate u.s 192



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries