How much tax will be duducted for payment made to education cente for training of employee? Training fees is Rs.150000/-.In which section it is covered.Plz confirm me..
Amritansh
(Chartered Accountants)
(47 Points)
Replied 15 September 2008
Hi,
Yes TDS will be deducted @ 10%+Surcharge+EC+SHEC under Prof. and Technical Service covered U/S 194J.
Regards
Amritansh Agrawal
CA MOHIT VAATS
(Consultant)
(554 Points)
Replied 15 September 2008
10%+surchage+ed.cess& higher ed.cess...
Covered u/s 194J