TDS on payment made to professors

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

10 February 2011
A college hires services of 2 Professors.
One is for Accounting and other is for
Economics.

College do not want to take them on payroll. It pays Rs. 30000/- per month to the professor of Accounting and Rs 1000/ per lecture to the professor of economics.
The yearly payment amounts to be Rs 300000/ and Rs 270000/ respectively.

Whether TDS is required to be deducted ?
If yes ? under which section it has to be deducted ?

CMA. Subhash Kumar Jha

CMA. Subhash Kumar Jha (Expert)
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10 February 2011 section 194J : 10 % TDS will be applicable.

Message likes : 1 times

chetan soni

chetan soni (Expert)
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10 February 2011 agreed with Sudhash. This will be under the professional services rendered u/s 194J & applicable rate is 10%.

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Querist : Anonymous

Querist : Anonymous (Querist)

12 February 2011 Thanx to both the experts.

Sir, when college appoints an on line service provider to educate its students, and the service provider is paid Rs. 300000/- ( @ 25000/ pm.)
TDS is required to be deducted on the payment but under which section 194C or 194J?