Professional fees payment
This query is : Resolved
Yash Sharma
(Querist)
23 September 2013
sir, I am accountant in a software company
Here company paid to professional fees normally 50,000 in every month how to manage tds on the payment. last april -2013 I did not deduct tds on the payment. pls help me and describe the tds on professional fees.
Here company paid to professional fees normally 50,000 in every month how to manage tds on the payment. last april -2013 I did not deduct tds on the payment. pls help me and describe the tds on professional fees.
23 September 2013
you need to deduct tax u/s. 194J @ 10%
for late deduction of tax, the interest provision will be made for company.
for late deduction of tax, the interest provision will be made for company.
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Yash Sharma
(Querist)
23 September 2013
How to deduct tds, can you explain sir because
I have no knowledge of tds
I have no knowledge of tds
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