194 j
This query is : Resolved
26 February 2016
Dear All,
Greetings of the day...!
My query is if our consultant paid challan fee for on behalf of our company and we reimburse this amount to our consultant .if the amount cross the thresh hold limit 30000/- as per 194 j then shall I deduct the tds on it .please guide me in this regard .
Thank you ,
Pankaj jena
Greetings of the day...!
My query is if our consultant paid challan fee for on behalf of our company and we reimburse this amount to our consultant .if the amount cross the thresh hold limit 30000/- as per 194 j then shall I deduct the tds on it .please guide me in this regard .
Thank you ,
Pankaj jena
Purnima Parashar
(Expert)
27 February 2016
TDS Under 194 J need to be deducted on consultant fees for his/her professional services not on the challan amount which is payable to the government on behalf of the company. The challan amount need to be paid completely without deducting TDS . However TDS deduction is applicable if the amount of professional services charged by consultant exceeds 30000 during the financial year
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