Tax Deducted at Source


This query is : Resolved 

(Querist)
07 February 2008 Mr.X consultant for foreign based firm. receives Rs.90000 every quarter.What are the consequences of TDS ?

07 February 2008 Where is the payer situated?
Where is the payee situated?
TDS liability on the payer only

08 February 2008 TDS has to be cut as consultancy fees is considered as professional charges. TDS has to be cut once the proffesional charges crosses 20000/-pa.

jegannath G (Expert)
27 February 2008 your question should be clear.

if you are payer you should deduct TDS


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
14 October 2026
Accountant

Rize.farm

Bengaluru

B.Com

View Details
Company
05 October 2026
Senior Accountant

Vision IT Peripherals Pvt Ltd

Mumbai

B.Com

View Details
Company
19 September 2026
Finance Manager

Mugdha Art Studio

Hyderabad

CA

View Details
Company
30 September 2026
Senior Accountant

Codeboard Technology

Chennai

B.Com

View Details
Company
ARTICLESHIP 08 October 2026
ARTICLE TRAINEE

S.B.G. & CO. CHARTERED ACCOUNTANTS

New Delhi

CA Inter

View Details
Company
08 October 2026
SALES TELECALLER

HIRE NOVA

Lucknow

Graduate (Any)

View Details
Company
12 October 2026
Finance

I-Genext Consulting Private Limited

New Delhi

CA

View Details
Company
ARTICLESHIP 17 October 2026
Articled Assistant

RRPM & Associates LLP

Chennai

CA Inter

View Details