Tax Deducted at Source

This query is : Resolved 

07 February 2008 Mr.X consultant for foreign based firm. receives Rs.90000 every quarter.What are the consequences of TDS ?

07 February 2008 Where is the payer situated?
Where is the payee situated?
TDS liability on the payer only

08 February 2008 TDS has to be cut as consultancy fees is considered as professional charges. TDS has to be cut once the proffesional charges crosses 20000/-pa.


27 February 2008 your question should be clear.

if you are payer you should deduct TDS



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