Clarification on HR Services Invoice and Tax Applicability
This query is : Resolved
21 August 2024
Dear Sir,
We are seeking your assistance regarding the HR services we are availing. We have received an invoice that includes the following details:
- Description: Manpower Supply Services(Salary)
- Two separate columns for:
1. Salary Amount
2. Service Charges
Could you please help us determine which TDS applies to this invoice? Additionally, we would appreciate your guidance on how to identify whether this expense falls under Section 94C or Section 94J of the tax regulations.
Thank you for your prompt attention to this matter.
Best regards,
Shafiya Kulsum
We are seeking your assistance regarding the HR services we are availing. We have received an invoice that includes the following details:
- Description: Manpower Supply Services(Salary)
- Two separate columns for:
1. Salary Amount
2. Service Charges
Could you please help us determine which TDS applies to this invoice? Additionally, we would appreciate your guidance on how to identify whether this expense falls under Section 94C or Section 94J of the tax regulations.
Thank you for your prompt attention to this matter.
Best regards,
Shafiya Kulsum
23 August 2024
Yes, TDS applicable if threshold of one time payment exceeds 30,000 and annual payment exceeds 1 lac.
Section 194c TDS applicable as it's a contractual service provided.
Section 194c TDS applicable as it's a contractual service provided.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Opting our of sec 44AD
- Value of property in capital gain
- LC charges in relation to Asset purchased should be Capitalised ?
- Multiple trade mark
- Regarding appeal to GSTAT
- Regarding TDS Applicability For Director Remuneration
- Copyright software
- Transporter Declaration form
- SALE OF MOTOR CAR BY REGISTERED INDIVIDUAL
- Taxation on Swing Trading Income (No Other Income)
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
