which get to TDS Rfund
sumit malkan (accountant) (21 Points)
10 September 2017sumit malkan (accountant) (21 Points)
10 September 2017
RAJA P M
("Do the Right Thing...!!!")
(128101 Points)
Replied 10 September 2017
Kiran. S
(CTO)
(745 Points)
Replied 11 September 2017
It appears you have received professional fees instead of salary. The employer does not want to give employee benefits to you. This is advantageous. In Salary all income is subject to tax.
In Professional fees 50% of the receipts will be taxed which is presumptive. but you need to pay service tax(above 10 lakhs)/GST (now above 20 lakhs).