Income tax on hiring retired person as advisor or consultant

G MURALIDARAN (ADVISOR CREDIT AUDIT DEPT SBI IMA HYDERABAD)   (35 Points)

26 August 2017  

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.