Deduction of tax u/s 194j

Tax queries 745 views 3 replies

We are hiring few people on consolidated monthly payment for a period of 18-24 months. They will be paid consolidated pay of Rs. 20,000/- per month, including all allowances. In the cases of regular employees they being paid as per their grade i.e basic + allowances applicable to their respective grade.These temporary employees will also be paid through the payroll by transfer to their bank account.

I want a clarification whether this payment will attact deduction of tax under 194J against professional service.

 

MM JOHN

Replies (3)

THIS IS RAVI

 I ALSO NEED SAME REPLY

I AM GETTING 18000/PM .NOW THEY ARE SAYING THEY WANT TO DEDUCT. IN THAT CASE I AM PAYING HOSUING LAON EVERY MONTH THAT CAN ADJUST AGAINST TDS. AS PER NEW RULE SALARY PEOPLE UPTO 5 LAKHS IS EXEMPTED. PL CLARIFY AND GUIDE ME AND WHAT CAN SET ASIDE AGAINST TDS

If there is no employee employer relationship, payments will be covered under section 194J. If you pay through pay roll, questions of PF, Ptax will chip in and TDS will be on estimated total income for teh FY less the investments made by the individual assessee.

 

Regards,

section 194J will not apply in your case. i think it will be deducted u/s 194c.


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