Is an external faculty in receipt of professional fees on which TDS is being deducted @ 10% chargeable to service tax?
Please note the above is not treated as honorarium by the educational institute but as salary.
Menu
Service tax
Replies (1)
The liability to pay TDS lies with educational institution irrespective of the fact that he is regular faculty or outsider. All the professional services are liable to TDS @ 10% under 194 J if the amount exceeds 30,000/-
Recent Threads
- Company Formation for clothing business
- TDS on purchase 194Q
- Compensation for urban land acquisition
- Understanding section 269st
- CASH AS GIFT OR FD AS GIFT
- NPS Pre Maturity full exit taxation rules
- Planning to ceased a Business
- Taxation for sale and purchase of REIT shares
- PAN - AADHAR LINK
- RECONCILIATION OF GSTR 2B Vs BOOKS WITH VBA
Related Threads
CAclubindia
