Respected Forum,
If a retired bank officer has been hired as "Advisor or Consultant" for a period of 12 months, and the fixed contract amount to be drawan 1/12 every month, then the TDS deductable falls under what section of ITA.
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Income tax on hiring retired person as advisor or consultant
Replies (3)
As the officer is hired as consultant - then provisions of Sec 194J is applicable, based on the details provided.
Yes, If appointed as a consulantant then applicable for TDS if limit crosses.........
tds applicable u/s 194J.
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