Sec 44ada of income tax act
MANAS KUMAR PANIGRAHI (GENERAL MANAGER(FINANCE)) (40 Points)
14 August 2016MANAS KUMAR PANIGRAHI (GENERAL MANAGER(FINANCE)) (40 Points)
14 August 2016
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160322 Points)
Replied 14 August 2016
Hospital is liable to deduct 10% TDS u/s. 194J, over the total amount of payment, exceeding 30K
By the way if hospital opts for 44AD, the liability of TDS may not arise at all!! (section 44AD applicable to Individual/HUF/Partnership firm, and 194J not applicable to non-audit case of first two).
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