Tds on freelancer
This query is : Resolved
27 October 2016
Hi,
Need views and answer on this. A party is a newbie freelancer - providing services through various freelance websites. The client (for availed service of the freelancer, being a company intending to deduct TDS on the payment @ 10%.) However, this particular service being his first service (whereby his total income doesn't exceed the maximum amount chargeable to tax) and it is less than threshold limit of 30000 for 194J.
1. Whether TDS is to be deducted on the said party by the company.
2. If so, under which section, 194J or 194C (as this is a contractual deal- provides data entry & copy typing services)
Please give your answers with relevant provisions of act or as decided.
Thanks.
Need views and answer on this. A party is a newbie freelancer - providing services through various freelance websites. The client (for availed service of the freelancer, being a company intending to deduct TDS on the payment @ 10%.) However, this particular service being his first service (whereby his total income doesn't exceed the maximum amount chargeable to tax) and it is less than threshold limit of 30000 for 194J.
1. Whether TDS is to be deducted on the said party by the company.
2. If so, under which section, 194J or 194C (as this is a contractual deal- provides data entry & copy typing services)
Please give your answers with relevant provisions of act or as decided.
Thanks.
27 October 2016
Normally it comes under 194J, if single bill or annual total amount not exceed Rs. 30000/- than optional to deduct TDS
27 October 2016
Normally it comes under 194J, if single bill or annual total amount not exceed Rs. 30000/- than optional to deduct TDS
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