Tds on service charges

Sunil Kumar (Finance executive) (29 Points)

29 December 2011  

Hi Freinds,

I have a query on the TDS deduction.

For e.g.

I am running a proprietory consulting firm rendering services to clients. My clients are deducting 10% TDS on my fee.

Sometimes, i send other consultants to work for clients on my behalf. And i have an agreement between me & consultant.

Now the question is whether:

1) should I deduct TDS on the fee of theconsultant or not

2) If yes, what is the percentage of TDS 2% (contract) or 10% (professional)

Many thanks,

Sunil Kumar