Tds on professional fees

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Querist : Anonymous

Querist : Anonymous (Querist)

04 December 2012 can i liable to deduct tds on professional fees when i paid 20000 frist payment and 15000 second payment in year 12-13

CA bhargava (Expert)
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04 December 2012 Yes u will be liable to deduct TDS on the professional Income @10%

Ajay Mishra (Expert)
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04 December 2012 Hi

Go to the following link, it may help you:

http://www.simpletaxindia.net/2012/07/tds-rate-chart-fy-2012-13-tcs-rates.html

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