RCM on Advocate Fees
This query is : Resolved
Amandeep Singh
(Querist)
18 July 2020
Dear Sir,
We have hired a advocate for legal & Professional matter in January 2020. in Jan We have issued a advance cheque for Rs.11000/- Now we have received bill from advocate Rs.44400/- so please advise in tally which head i book this exp. Can we need to deduct TDS and need to pay RCM on this
If yes how much TDS and how much RCM
Please advise
We have hired a advocate for legal & Professional matter in January 2020. in Jan We have issued a advance cheque for Rs.11000/- Now we have received bill from advocate Rs.44400/- so please advise in tally which head i book this exp. Can we need to deduct TDS and need to pay RCM on this
If yes how much TDS and how much RCM
Please advise
CA R SEETHARAMAN
(Expert)
18 July 2020
Book this expenses under indirect legal expenses.
10% TDS applicable.
RCM applicable at 18%
10% TDS applicable.
RCM applicable at 18%
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