https://www.taxtmi.com/article/detailed?id=7037 Classification of remuneration for services hinges on whether the engagement is a contract of services or a contract for services, determined by factual indicia such as control and supervision, exclusivity, working hours, provision of assistants, and how payments and taxes are recorded; this classification dictates whether the payer must deduct tax as employer on salary and issue the employer's tax statement, or withhold under the provision applicable to professional fees and issue the professional TDS certificate while the professional reports receipts as business/professional income and claims expenses. en-us Wed, 19 Oct 2016 09:16:20 +0530 Wed, 19 Oct 2016 09:16:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=7037 Classification of remuneration for services hinges on whether the engagement is a contract of services or a contract for services, determined by factual indicia such as control and supervision, exclusivity, working hours, provision of assistants, and how payments and taxes are recorded; this classification dictates whether the payer must deduct tax as employer on salary and issue the employer's tax statement, or withhold under the provision applicable to professional fees and issue the professional TDS certificate while the professional reports receipts as business/professional income and claims expenses. Articles Income Tax Wed, 19 Oct 2016 09:16:20 +0530 https://www.taxtmi.com/article/detailed?id=7037