tds on professional fees
This query is : Resolved
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?
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?
27 August 2010
Being the Individual need not to deduct TDS.
Message likes :
1 times
27 August 2010
no you are not required to deduct tds.
Message likes :
1 times
27 August 2010
No.you are not liable to deduct tds, since you are individual and not covered u/s.44AB
Message likes :
1 times
27 August 2010
Not required
Message likes :
1 times
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.
However if the individuals and HUFs are subjected to tax audit u/s 44AB, then they are also required to deduct TDS.
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
- Is this income indian or foreign income?
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- TDS U/S. 194NF
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Capital gain consideration
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
Trending Online Classes
CAclubindia
