Dear Sirs / Madam
I want to Know that is TDS applicable on payment towards Certification charges of Diamonds such as payment done to IGI or GIA towards diamond certified
Himanshu Joshi (Accountant) (42 Points)
22 February 2016Dear Sirs / Madam
I want to Know that is TDS applicable on payment towards Certification charges of Diamonds such as payment done to IGI or GIA towards diamond certified
Ruchi
(CA)
(1410 Points)
Replied 22 February 2016
Yes, it is testing and certification fees and hence tds is deductible u/s 194J @ 10%.