Whether to be considered under salary?
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
11 January 2013
An assessee pays a fixed amount to a person every month who works for him and provides consultancy services to the assessee. Whether the amount paid to him can be considered as Professional charges? or is it to be considered under salary?
Guest
Guest
(Expert)
11 January 2013
It will be decided on the basis of type of agreement or contract among parties. Just because of regular monthly payment from one person to other, it cannot be considered as certain kind of contract.
11 January 2013
it all depends upon the agreement language, thereafter the tds has to be deducted u/s 192 or 194J
10 October 2021
For income u/h salary....... Employer Employee relationship should exist.
Which is doubtful in this relation, hence professional charges.
Which is doubtful in this relation, hence professional charges.
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