Part Time accountant service
Hitesh rawal (402 Points)
11 September 2019
How should be part time accounting treated and is it liable for TDS.
6 Replies
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 11 September 2019
Yes... It's liable to TDS if it's considered under employment/consulting
Akshay Bansode
(Accountant & Auditor)
(33 Points)
Replied 11 September 2019
Professional fees liable to TDS u/s 94J @ 10%.
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 11 September 2019
If consulting then TDS will be deductible u/s 194J
Kapadia Pravin
(17259 Points)
Replied 11 September 2019
If professional fees paid or credited to your account in aggregate during the FY is not more than 30000/- by each party - in that case no TDS is required under 194J.
Otherwise 10% TDS under 194J
Otherwise 10% TDS under 194J
sabyasachi mukherjee
(27574 Points)
Replied 12 September 2019
@ pravin tds certificate is required by the deductee.
the tax deducted needs to be claimed back after he files his return.
the tax deducted needs to be claimed back after he files his return.
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