TECHNICAL FEES U/S.194J

SIR,

TECHNICAL FEES/PROFESSIONAL FEES RECEIVED  120000/- FOR THE F.YEAR 2019-20

BUT THE PAY SLIP THEY DECLARED AS SALARY. 

CAN I DECLARED AS SALARY RECEIVED FROM THAT COMPANY AND CLAIM STAND.DEDUC?

 

Replies (4)
Quick Summary
This discussion addresses a situation where technical fees of £120,000 for FY 2019-20 were mistakenly declared as salary on a payslip. The core issue is whether these fees can be treated as salary for claiming standard deductions. Participants clarify that an employer-employee relationship is essential for income to be classified as salary. If TDS was deducted on professional fees, the employer should be asked to rectify their TDS return. Otherwise, the income should be declared under business income, or the employer must revise the TDS return if salary classification is insisted upon.

There has to be employer employee relationship for income to qualify as salary
Is TDS deducted from your professional fee or you received full fee??
Ask him to rectify his TDS return
No you can't. Declare it in business Income .

If you want to declare it in salary then ask employer to revise TDS return

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