Query of tax

Kumaran Nair (Accountant) (37 Points)

22 October 2011  

Dear all,

We have incurred expense for Placement for one management candidate

regarding the same the vendor has given the bill and he has written in the bill as follows ;

professional fee for services rendered inconnection with placement of .....abc person the amount is Rs. 1.00 and above

so we need to deduct tax on the same. which is the tax applicable

please guide me

regards

kumaran