Income and Tax information

[f0e13e49]

Dear Team,

Upwork team has declared that my earnings for FY 2022-23 was INR 3,79,488.08 to Income Tax Department but when I checked my bank account I have received only INR 3,22,808.54. There is an excess declaration of INR 56,679.54 made by Upwork to Tax Department.

Kindly share how Income information has been declared to Income Tax Department? This information is needed for me to file my Income Tax returns. Request you to share the information as soon as possbile.

Thank you.

[4fc4e354]

Hi Ananth

Upwork decucts TDS on gross income earned by you and also deducts its commission of 10%. The difference of Rs.56679.54 is TDS amount and commission, you can claim TDS refund or adjust with your tax liablity and remaining amount can be claimed as expense.

I hope that I have provided solution to your query and in case of any doubt you can drop a message to me

Regards

CA Shrey Salecha