Tds
This query is : Resolved
03 December 2011
My client has paid Rs.2 lacs as consultancy fee to a female senior citizen (65 yrs) whose annual income is Rs.50,000/- from interests. Should they have deducted Tax at source?
03 December 2011
Yes your client should deduct TDS on payment of Consultancy service charges.It Covered under section 194-J for any professional or consultancy charges
Message likes :
1 times
03 December 2011
Yes, Your client should deduct TDS u/s. 194J.
Message likes :
1 times
03 December 2011
If it was a business expense of your client, then he definitely has to deduct TDS.
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Manual Rectification through AO
- IT Return filed defective u/s 139 (9)
- Fixed Deposit Claim Relinquishment by the Nominee
- Defective Return - Tds on advance
- TCS ON SOFTWARE SALES
- Not a CA , can we prepare balance sheet
- Income Type for interest from government bonds
- Accounting treatment for Fixed Assets
- Is correct entry for FDs
- Interest on public Provident Fund
- TDS - Form 26QB - Installment - Final payment Query
- ITR 6 Schedule CFL and UD Issues
- Gstr 9 2023-24
- GSTR-9 HSN Summary and Credit Note without item
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
Trending Online Classes
-
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India
Mr.Balamurugan Ranganathan15 November 2024
CAclubindia
