Working with ca firm
Querist : Anonymous
Please tell me which form to fill to institute.
Thank You
Querist : Anonymous
https://www.icai.org/new_post.html?post_id=1564&c_id=89
1) As a Partner - Submit the deed of partnership fill up form No. 18
2) wORKING AS AN EMPLOYEE - Intimation by the partner for your working as an employee
3) WORKING AS AN CONSULTANT - No need for any information to ICAI as you are submitting bills on work to work basis or retainer-ship basis
If you are a partner then your salary and share of profit to be fixed and the firm shall get deduction for the salary.
In case of an employee full salary is deducted in the hands of the firm but you cannot claim in expenses and full TDS is to be deducted.
In case of consultant then out of the fee received you can claim expenses and your TDS shall be only 10% but if your total bill value exceeds 10 L then ST registration is required.
Click here to login now
Similar Resolved Queries
- House Property Reporting in ITR
- Internship/Academic shown in Salary Pay Slip of a Doctor
- TDS Claim year
- Liable to deduct tds and 44ADA
- Refund of 20%pre-deposit paid for stay application
- TDS Challan Code
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- Rent lease agreement
- Merchant Export Accounting
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
