Tds

This query is : Resolved

P.C. Joshi (Querist)
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07 October 2015 Dear Friends,

A company pays conculting charges to a doctor for treatment of its director. Is the company liable to dedcut TDS on such payment?

Thanks
PC Joshi

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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07 October 2015 If company is making the payment and the threshold limit of Rs 30000/- per annum is crossed the TDS to be deducted u/s 194J @10%.

CA TSR

CA TSR (Expert)
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07 October 2015 As per resolution for directors remuneration the above medical expenses covered then it is required to deduct TDS on the name of director otherwise TDS is required to be deducted from director. In both the cases 194J is applicable. As per terms of appointment medical expenses is not covered then TDS is required to done on whole amount paid to doctor for the treatment of Director. In this situation there is no threshold limit of Rs, 30,000/-

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