27 August 2010
i am advocate, paying professional fees of Rs.60000/- to another advocate . (as professional fees paid for his contribution in the case)
i do not cover under tax audit
whether i am liable to deduct tds on professional fees?
02 April 2012
As per 194J, TDS is required to be deducted only by persons other than Individuals and HUFs. However if the individuals and HUFs are subjected to tax audit u/s 44AB, then they are also required to deduct TDS.
CAclubindia
