Tds u/s 194C deducted for Professional fees

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Rohan (Querist)
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26 May 2011 In an educational institute...
Professional Fees are paid to Football Coach (Individual) for coaching Rs.50000/-.

Tds @ 1% (194C) is deducted instead of 10% u/s (194J)...

Is it a case of short deduction...???

Accountant is giving the justification that the institution has entered into a Contract/Agreement for the same, hence deducted @ 194C...!!!

Kindly provide me the solution ASAP

Thanks in advance.

CA MANOJ GUPTA

CA MANOJ GUPTA (Expert)
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26 May 2011 IT IS NOT PROFESSIONAL SERVICE COVERED BY SECTION 194-I THE ACCOUNATNT IS RIGHT
SEE EXPLANATION TO SECTION 194-I

CA MANOJ GUPTA
JODHPUR
09828510543

Rohan

Rohan (Querist)
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26 May 2011 194I????????

DIDN'T GET

PLZ SPECIFY

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Amit Bohra

Amit Bohra (Expert)
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12 June 2011 Mr.Manoj, it will come under professional services, then how 194 I will applicable and which explanation is to be referred ?

CA MANOJ GUPTA

CA MANOJ GUPTA (Expert)
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12 June 2011 IN THE PLACE OF SECTION 194-I READ SECTION 194J
IT IS NOT PROFESSIONAL SERVICE COVERED BY SECTION 194-J THE ACCOUNATNT IS RIGHT
SEE EXPLANATION TO SECTION 194-J

CA MANOJ GUPTA
JODHPUR