08-19-2009, 06:36 PM
In my Opinion, There are some difference bitwen Contract of Services & Contract of Employment,
Any Contract between employer and Employee whether written or Oral, and employee drawing remuneration against the contract of employment, that is salary income according to ITO.
But contract of Services can be made between company and professionals, includes the services of accountants, architects, dentists, doctors, engineers, interior decorators and lawyers, otherwise than as an employee.
Any Contract between employer and Employee whether written or Oral, and employee drawing remuneration against the contract of employment, that is salary income according to ITO.
But contract of Services can be made between company and professionals, includes the services of accountants, architects, dentists, doctors, engineers, interior decorators and lawyers, otherwise than as an employee.
