Hiee
If we are paying medical service bills to hospitals so TDS should be deducted at the rate of 11.33%
Please tell me whether i am correct
Alex Fernandes (PCC STUDENT) (186 Points)
22 September 2009Hiee
If we are paying medical service bills to hospitals so TDS should be deducted at the rate of 11.33%
Please tell me whether i am correct
Ratan Deep Saxena
(Asstt Manager (Accounts & Finance))
(2998 Points)
Replied 22 September 2009
Making payment to hospitals in respect of medical services are covered under Sec 194J (Tds on professional services). The rate of TDS is 11.33%. You are corrrect. But no Tds obligation arises if professional fees below 20,000/- during a particular year.
regards,
ratan
Ratan Deep Saxena
(Asstt Manager (Accounts & Finance))
(2998 Points)
Replied 22 September 2009
there is no education cess & surcharge in case of individual/HUF w.e.f. F.Y. 2009-10.
CA Devanshi Gandhi (Ajani)
(FCA DISA Mcom CIFRS & LLB)
(9060 Points)
Replied 22 September 2009
yes u need to deduct