can we appoint in our company one B.com person for data entry work on contract basis & deduct 1% tds instead of taking on pay roll. Is it is legally valid
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Quick Summary
This discussion explores the possibility of hiring a retired B.Com graduate on a contract basis for data entry, deducting 1% TDS rather than adding them to the payroll. While some suggest this is permissible, others raise concerns about its legality and potential implications for avoiding statutory contributions like PF. The focus is on retired individuals over 58 and the specific TDS deduction for contractual employment.