TDS

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

06 May 2011 Recently i was received one invoice related to documentary film related to our organisation,This document cost Rs.634225/-

Can i deduct tds on this amount,if deduct please suggest which secion its related and what is TDS rate.

Amol Gopal Kabra (CA,CS,DISA)

Amol Gopal Kabra (CA,CS,DISA) (Expert)
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07 May 2011 On the basis of our information, you need to deduct TDS under section 194J i.e. Fees for Professional or Technical Services. The rate of tax is 10% in case PAN is available and 20% it the payee doesnot have a PAN.