Get 20% discount & Revise your CA subjects with online video classes – Coupon code: RSLT20


Please Wait ..

to your account


Remember Me

Forgot your password?

Sign-up now

Join and Share your Knowledge. Registered members get a chance to interact at Forum, Ask Query, Comment etc.

Discussion > Income Tax > TDS >

Retainership Fees

    Post New Topic
Pages : 1

Related Files


[ Scorecard : 67]
Posted On 04 December 2007 at 14:05 Report Abuse

What is the TDS rate applicable for retainership fees for the A.Y.2008-09? Whether TDS is to be deducted on retainership fees?

Please reply me.







Online classes for CA CS CMA

Share on

Vk Duggal

[ Scorecard : 320]
Posted On 04 December 2007 at 15:12

TDS rate will be 10% plus surcharge & cess i.e. 11.33% ot 10.3% as the case may be.


[ Scorecard : 305]
Posted On 05 December 2007 at 10:07

TDS will apply under section 194J


[ Scorecard : 92]
Posted On 05 December 2007 at 12:39

what does the retainership fees means

Jagrut Shah
Chartered Accountant

[ Scorecard : 80]
Posted On 05 December 2007 at 14:11

Applicable rate is 10% under sec.194J of Income Tax Act. Surcharge is 10% on it.
And 2%+1% Edu. Cess on it.
In Short Tax Rate is 11.33%

Posted On 07 December 2007 at 16:14

Dear Nirmal, When a professional is not employed on a salary basis,he is said to have been retained by his client for rendering professional advice at a fee of a certain amount on a monthly or any other basis.Like after completing your CA you may be offered to render professional advice to your client on a monthly fees of say Rs.25000/-.This is retainership fees.

Posted On 05 February 2008 at 16:27

retainership fees under which sec tds will be applicable and what rate

Posted On 09 September 2008 at 17:47

what is retainership fees in pakistan finance bill 2008-2009

There are 7 Replies to this message

Related Threads

Post your reply for Retainership Fees

Your are not logged in . Please login to post replies

Click here to login

Not a member yet ?? Click here to signup



  • Use thank button to convey your appreciation.
  • Maintain professionalism while posting and replying to topics.
  • Try to add value with your each post.

Forum Home | Forum Portal | Member Control Center | Who is Where | Popular Threads | Today's Topic | Recent Posts | Today's Posts | Post New Topic | Thread With Files | Top Threads This Month | Forum Stats | Unreplied Threads

back to the top