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Tds on retainership fees

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Querist : Anonymous

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Querist : Anonymous (Querist)
06 December 2012 what percentage of TDS to be deducted on Retainership Fees for the F.Y. Ended 31/03/2012
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CA.Vinita Gupta

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CA.Vinita Gupta (Expert)
06 December 2012 tds on retainership fees falls u/s 194J @10%
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Hari Beldona

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Hari Beldona (Expert)
06 December 2012 TDS on retainership fee is 10% U/S 194J the aggregate of the amounts of such sums(retainership fee or any other fee of professional service) credited or paid or likely to be credited or paid during the financial year by the aforesaid person to the account of, or to, the payee exceeds Rs 30,000
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