TDS on Rent & Professional Fees

TDS / TCS 1680 views 3 replies

Kumar

Accountant/HR

72 Points Posted on 16 February 2011

Dear Chartered Accountant,

1. We are paying rent of 55000/- & maintainance charges of 5000/- every month to an induvidual who is having PAN number. and we are deducting 10% TDS on Rent amt of 55000/- only. Is this correct or we have to deduct TDS on Maintainance charges also?

2. We are paying professional fees to an Advocate (company) and TDS deducting on whole amount of the bill. The bill includes the break up of drafting charges XXX and printing, postage, photo copying XXX. and service tax XXX. Please advise me that we have to deduct TDS on final invoice amount or only on drafting charges?

Kindly advise me on the above 2 points.

Thanks & regards/ Kumar - Accountant

Replies (3)

Pankaj Arora

Learner

3134 Points Posted on 16 February 2011

1. No need to deduct tds on maintenance charges. 2. You have to deduct tds on final account u/s 194J if the single bill threshold limit cross to 30,000.00

Kumar

Accountant/HR

72 Points Posted on 17 February 2011

Originally posted by : Pankaj Arora
	1. No need to deduct tds on maintenance charges. 2. You have to deduct tds on final account u/s 194J if the single bill threshold limit cross to 30,000.00

As I mentioned the bill break up above, we have to deduct TDS on total bill amt (inclusive of service tx) or only professional fees (before misc. charges & service tax)? Can you provide me the link on this regard.