17 January 2011
My client has made payment to certain resident professionals as incentives for the efforts in getting a project. No TDs is deducted on this transaction . in normal coarse it deducts TDS u/s 194j when pays retainership fees to them .
Plz clarify whether TDS is required to be deducted on the incetive ? if yes then under which section.
CAclubindia
