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.
1 Replies
CA.Madhvacharya Galagali
(Senior Manager - Finance )
(90 Points)
Replied 24 March 2017
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/-
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