will TDS be attracted on Adminstration fees. will it be u/s 194C or 194J ?
Please reply urgently.
Madhusudan Kabra
(knowledge seeker)
(1779 Points)
Replied 04 March 2011
It depends upon the nature and the type of the transaction .If the payment is made to professional person such as chartered accountact, doctore, Cost accountant and other within the meaning of professionals as specified in the section 194 J, such payment shall be liable to TDS under 194J however in can where admin services are provided by the person other then a professional, TDS deduction liability arise under section 194C
My answer would be much clear if you give the type of person who is offering professional services
Regards
Madhusudan
Rachit
(Ca-Final Article.)
(565 Points)
Replied 04 March 2011
Originally posted by : Madhusudan Kabra | ||
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It depends upon the nature and the type of the transaction .If the payment is made to professional person such as chartered accountact, doctore, Cost accountant and other within the meaning of professionals as specified in the section 194 J, such payment shall be liable to TDS under 194J however in can where admin services are provided by the person other then a professional, TDS deduction liability arise under section 194C Regards Madhusudan |
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Madhusudan Kabra
(knowledge seeker)
(1779 Points)
Replied 05 March 2011
Can you pls make it more clear.....waht is the function they arre performing ...
Regards
Kabra