I did mailed you two times about tax withholding but i didn't get any response from your side.my question was why the upwork deduct 5 percent taxes? i have already updated my Aadhar number. than why it's happen to deduct 5 percent tax? as per upwork rules upwork should deduct only 0.75 percent.
Can you plaese check asap?
Aarti, Gautam and Gagandeep,
We appreciate your patience while we were checking on this. The team confirmed that the transactions you were referring to had happened before PAN/Aadhar numbers were added to your accounts. Therefore, it was withheld at 5% rate. Going forward you should see the tax being withheld at 0.75%.
Did they help you because they are doing the same with me? I had PAN info long time back but they silently were deducting 5% and when contacted to their Support, they had no answer and simply said they will email me.
Upwork has started Withholding Tax or TDS for Indian Freelancers from Oct2020. I want to download the TDS or WHT report. How can I download the TDS or WHT report of my account?
The Website of Income tax department India shows that no deduction shall be made if the gross amount during the previous year does not exceed five lakh rupees and PAN information is submitted.
My gross amount during the previous year is less than INR 5,00,000 and PAN is given.
But TDS is still deducted.
This is the url of Section 194 - O. of Income tax department
This is the relevant portion from the Website.
No deduction under sub-section (1) shall be made from any sum credited or paid or likely to be credited or paid during the previous year to the account of an e-commerce participant, being an individual or Hindu undivided family, where the gross amount of such sale or services or both during the previous year does not exceed five lakh rupees and such e-commerce participant has furnished his Permanent Account Number or Aadhaar number to the e-commerce operator.