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TDS on Honararium

This query is : Resolved 

(Querist)
09 August 2007 Is IT TDS applicable for Honararium paid to manging trustee every month, by Trust running educational institution

11 August 2007 Dear Sir

It should definitely attract TDS provisions (u/s 194 J of the Income Tax Act 1961).

In practice it is difficult to establish that MT did not do professional/consultancy service but was just paid.



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