Tds

519 views 2 replies

Dear Friends, 

 

Please suggest,

Actually we have some subcontractors for labour supply, 

We hired a consultant for subcontractors PF calculation and deposit to the department. 

Now consultant billed us for his consultancy charges, 

Then we are going to pay and same we'll recover to the subcontractors.

Please suggest have we to deduct TDS or not on consultancy charges. 

 

Regards, 

Rajeshwar Jaiswal

Replies (2)

Yes , TDS has to be deducted u/s 194J on consultancy charges if a single payment exceeds Rs. 20,000 or aggregate payment made to him during the year exceeds Rs. 30,000. 

Deduct 10% u/s 194J, Check their PAN number.

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