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Indian TDS Tax Withholding on Upwork Earnings

bineeshk
Active Member
Bineesh K Member Since: Apr 2, 2020
11 of 288

This withholding tax will be refunded to our account? in future? 

vineetbegwani
Active Member
Vineet B Member Since: Jan 4, 2020
12 of 288

Hello Valeria,

I understand that Upwork is required to collect the withholding tax (Tax Deducted at Source) and deposit it with the Indian government. But from what I see in my tax portal, the amount of tax withheld from my earnings is not reflected. Can you please confirm the timeline by which you are required to deposit the withheld tax with the government, or please provide a statement along with the dates and amounts of the taxes are deposited with the government.

Thanks!

kochubei_valeria
Community Manager
Valeria K Community Manager Member Since: Mar 6, 2014
13 of 288

Hi Vineet,

 

We are required to do our quarterly filing by 1/31/2021. Then the statements to the freelancers (Form 24Q) will be available within 15 days of that filing or 2/15/21 at the latest. 

~ Valeria
Untitled
jkpaul20
Active Member
JoyKishor P Member Since: May 7, 2020
14 of 288

Yes, it has not been deposited to Income tax Authority as on 02/28/2021 and TDSs are being deposited to the authority every quarter. So october quarter ended on 31st December, and TDS collected are deposited before 31st Jan.

So why was this not deposited as yet. or when will this be deposited.

jkpaul20
Active Member
JoyKishor P Member Since: May 7, 2020
15 of 288

Hi Valeria,
When would Upwork deposit the Tax Collected from freelancers to Income Tax Authority. I do not see the tax collected (0.75%) were deposited against my PAN as on 02/28/2021 and normally it is being deposited every quarter. 

 

Kindly advise.

utkarshmaitin10
Active Member
Utkarsh M Member Since: Feb 25, 2019
16 of 288

Hi Upwork,

 

Well i checked , I am unable to see the Tax deducted in my Form 26AS.

 

Thanks, please check and let us know

loveleshsoni1349
Active Member
Lovelesh S Member Since: Mar 6, 2019
17 of 288

How will my tax consultant know how much TDS he should be claiming when filling for ITR?

 

You guys deduct TDS in Dollars ($) but you haven't revealed how much I should be claiming in INR?? How can I claim and what rate should my consultant should be using? This is very confusing really!

 

Example: If you have deducted TDS of $5 then then at the time of filling ITR, my tax consultant will obviously say that $5 TDS is already paid but out of my total liability I should be deducted this amount. The problem is that our currently is INR and if the TDS was also shown in INR then it would have been very easy but IT'S NOT!!

 

Any ideas what is the answer to this question???

nipuntrivedi9
Active Member
Nipun T Member Since: Jun 20, 2018
18 of 288

Dear Lovelesh, 
I had a long conversation on this upwork support but no luck. They are still confused about this. From their representative, this is what I received,  "I know this is still confusing since this is new for everyone. Upwork is required to send the report until the end of January so for now, this is still in progress but you can use your Transaction History page to know how much is being remitted to the Indian government but this is in USD. I'm currently confirming if the form will be sent mid February or April. "

I will further update this thread as soon I receive any update from them.

 

Best Regards

Nipun Trivedi

loveleshsoni1349
Active Member
Lovelesh S Member Since: Mar 6, 2019
19 of 288

Hi Nipun,

 

That is why this is so confusing. If TDS is deducted then I guess it should be directly linked to my PAN and it should be reflecting how much amount in INR is it. Makes sense? TDS is something they have to hand it over to Indian Government and that should reflect how much TDS is deposited at the end of the financial year.

 

Is there a way to check how much TDS is already deposited under my PAN number for this current year?

 

-Best

Lovelesh

vipunit
Active Member
Gurcharan S Member Since: Mar 3, 2021
20 of 288

Hello Lovelesh,

to check TDS already deposited to your PAN can be viewed on Incometax portal>>TAX credit 26AS form or TRACES. if you still need any help, you can PM me.